Question: need help please Bond Valuation. Mark has a Treasury bond with a par value of $10,000 and a coupon rate of 4% The bond has

need help please

Bond Valuation. Mark has a Treasury bond with a par value of $10,000 and a coupon rate of 4% The bond has 13 years to maturity. Mark needs to soll the bond and new bonds are currently carrying coupon rates of 8%. At what price should Mark sell the bond? The price Mark should sell the bond at is $ (Round to the nearest cent)

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