A bond has a maturity date of 4 years, an annual coupon rate of 10% and an

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A bond has a maturity date of 4 years, an annual coupon rate of 10% and an annual yield of 14%.If the coupon payments are monthly, what is the current price of the bond?Round your answer to the nearest dollar; do not include the $ sign (i.e., if the answer is $987.5432, enter it as 987).

Posted Date: May 18, 2024 10:12 PM

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A bond has a maturity date of 4 years, an annual coupon rate of 10% and an

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