Question: Save and Submit A Click Submit to complete this assessment. Question 10 of 10 Question 10 1 points Saved Baruch co. has 4% coupon bonds

Save and Submit A Click Submit to complete this assessment. Question

Save and Submit A Click Submit to complete this assessment. Question 10 of 10 Question 10 1 points Saved Baruch co. has 4% coupon bonds on the market that have 12 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 8%, what is the current bond price? Assume the face value of the bond is $1,000. 698.56 A Click Submit to complete this assessment. Question 10 of 10 Save and Submit

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