Question: Really need help with this, thank you Answer format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to

Really need help with this, thank you Really need help with this, thank you Answer format: Currency: Round to:

Answer format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 18.00 year, semi-annual pay bond that has a coupon rate of 7.86%. If the yield to maturity for the bond is 8.33%, what will the price of the bond be? Submit

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