Lincoln Park Company has a bond outstanding with a coupon rate of 6 . 0 4 percent

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Question:

Lincoln Park Company has a bond outstanding with a coupon rate of

6.04

percent and semiannual payments. The yield to maturity is

6.1

percent and the bond matures in

15

years. What is the market price if the bond has a par value of $

2, 000 ?

* *

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Posted Date: May 19, 2024 03:08 AM

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Lincoln Park Company has a bond outstanding with a coupon rate of 6 . 0 4 percent

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