Question: View Policies Current Attempt in Progress Blossom Corp. issued a five-year bond one year ago with a coupon rate of 6.0 percent. The bond pays

View Policies Current Attempt in Progress Blossom Corp. issued a five-year

View Policies Current Attempt in Progress Blossom Corp. issued a five-year bond one year ago with a coupon rate of 6.0 percent. The bond pays interest semiannually. If the yield to maturity on this bond is 12 percent, what is the price of the bond? (Round answer to 2 decimal places, e.g. 5,275.25.) Price of bond $ Save for Later Attempts: 0 of 2 used Submit

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