Question: Based on the following information concerning IMB's bonds: Par Value: $1000 YEars to Maturity: 12 years Beta: 1.0 Risk-free rate: 4% Market risk Premium: 5%

Based on the following information concerning IMB's bonds: Par Value: $1000 YEars to Maturity: 12 years Beta: 1.0 Risk-free rate: 4% Market risk Premium: 5% What is the expected price of the bon...

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