Question: need help Question Help Bond Valuation. Mark has a Treasury bond that has a par value of $30,000 and a coupon rate of 11%. The

need help

Question Help Bond Valuation. Mark has a Treasury bond that has a par value of $30,000 and a coupon rate of 11%. The bond has 20 years to maturity Mark needs to sell the bord and new bonds are currently carrying coupon rates of 9%. For what price should Mark soll the bond in this situation? Mark should so the bord for $(Round to the nearent cont.)

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