Question: Question 41 (2 points) Red Mountain, Inc. bonds have a face value of $1000. They carry a 7.0 percent coupon, p interest semiannually, and mature

 Question 41 (2 points) Red Mountain, Inc. bonds have a face

Question 41 (2 points) Red Mountain, Inc. bonds have a face value of $1000. They carry a 7.0 percent coupon, p interest semiannually, and mature in 13.5 years. What is the current value of these bonds the yield to maturity is 7.11 percent? Your Answer units

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