Question: QUESTION 21 3 points Save Antwer Apple corp's outstanding bond has the following characteristics: Years to maturity 6 Coupon rate of interest 8% Face value:

QUESTION 21 3 points Save Antwer Apple corp's outstanding bond has the following characteristics: Years to maturity 6 Coupon rate of interest 8% Face value: $1,000 If investors require a rate of retom equal to 12 percent on similar risk bonds and interest is paid semsannually, what should be the market price of Apple's band? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIVS Paragraph V Anal 10pt A 2 I !!! HE

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