Question: Question 4 1 pts A $13,356 par value bond whose coupon rate is 4.5% is purchased. If the investment represents a current yield of

Question 4 1 pts A $13,356 par value bond whose coupon rate

Question 4 1 pts A $13,356 par value bond whose coupon rate is 4.5% is purchased. If the investment represents a current yield of 3.5%, compute the bond's market price at the time of the purchase. Round your answer to the nearest dollar. 1.nts

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