Question: The current yield for a bond from Candem inc is 8.64%. The coupon rate is 9% and the face value is $1,000. What is the

The current yield for a bond from Candem inc is 8.64%. The coupon rate is 9% and the face value is $1,000. What is the price of this bont? HINT: use the current yield formula. $520.83$1,041.67$1,120.87$590.23

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