Question: D Question 7 1 pts A $15,765 par value whose coupon rate is 4.9% is purchased. If the investment represents a current yield of 6.5%,

 D Question 7 1 pts A $15,765 par value whose coupon

D Question 7 1 pts A $15,765 par value whose coupon rate is 4.9% is purchased. If the investment represents a current yield of 6.5%, compute the bond's market price at the time of the purchase. Round your answer to the nearest dollar

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