Question: Allempe niston Current Attempt in Progress * Your answer is incorrect. Oriole Corp. issued a four-year bond one year ago with a coupon rate of

Allempe niston Current Attempt in Progress * Your answer is incorrect.

Allempe niston Current Attempt in Progress * Your answer is incorrect. Oriole Corp. issued a four-year bond one year ago with a coupon rate of 8.0 percent. The bond pays interest semiannually. If the yield to maturity on this bond is 11 percent, what is the price of the bond? (Round answer to 2 decimal places, e.g. 5,275.25.) Price of bond $ 925.10 Save for Later Attempts: unlimited Submit

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