Question: Let it Bleed, Inc. has a bond outstanding with a coupon rate of 11.00 percent and makes semiannual payments. The yield to maturity is 12

Let it Bleed, Inc. has a bond outstanding with a coupon rate of 11.00 percent and makes semiannual payments. The yield to maturity is 12 percent and the bond matures in 20 years. What is the market price of the bond? Multiple Choice $98255 592477 5917.56 51,08023

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