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  3. 1. a companys bonds have a 10-year maturity, a 6%

1. A companys bonds have a 10-year maturity, a 6% coupon paid semi-annually, and a...

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Finance

1. A companys bonds have a 10-year maturity, a 6% coupon paid semi-annually, and a par value of $1,000. The yield to maturity is quoted as 8% in the financial press. What is the bonds price?

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