Question: Use the information given in the following table for the MMM bond Today is March 01, 2017 Type Issue date Price Coupon Maturity YTM Current

Use the information given in the following table for the MMM bond Today is March 01, 2017 Type Issue date Price Coupon Maturity YTM Current Rating rate date yield MMM September ? 8% 9-01-2022 10% AA bond 2003 What is the price (as of March 01, 2017) of the 3Bs bond with semi-annual interest payments and par value of $1,000 with the yield to maturity from the table? DO NOT enter S sign. Use comma te separate thousands. DO NOT USE DECIMALS. Round to the nearest DOLLAR. For example, if your answer is $1.342.767, enter 1,343 or if your answer is 51,076.435, enter 1.016 A/

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