Acme Inc. just issued a bond with a$10,000 face value and a coupon rate of7%. If the

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Acme Inc. just issued a bond with a$10,000 face value and a coupon rate of7%. If the bond has a life of 30years, pays semiannual coupons, and the yield to maturity is9%, what will the bond sellfor?

$10,000

$7,936.20

$7,945.27

$4,349.49

$7,904.45

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Corporate Finance The Core

ISBN: 9781292158334

4th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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Posted Date: May 18, 2024 08:16 AM

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Acme Inc. just issued a bond with a$10,000 face value and a coupon rate of7%. If the

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Corporate Finance The Core

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