A $10,996 par value bond whose coupon rate is 4.3% is purchased. If the investment...
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A $ par value bond whose coupon rate is is purchased. If the investment represents a current yield of compute the bond's market price at the time of the purchase. Round your answer to the nearest dollar.
A $ par value bond whose coupon rate is is purchased. If the investment represents a current yield of compute the bond's market price at the time of the purchase.
Round your answer to the nearest dollar.
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