Question: You have until 8:45 PM to complete this assignment. Intro A corporate bond has 22 years to maturity, a face value of $1,000, a coupon

You have until 8:45 PM to complete this assignment. Intro A

You have until 8:45 PM to complete this assignment. Intro A corporate bond has 22 years to maturity, a face value of $1,000, a coupon rate of 5.3% and pays coupon twice a year. The annual market interest rate for similar bonds is 3.3%. Part 1 Attempt 1/3 for 10 pts. What is the price of the bond (in $ )

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