An eight-year corporate bond has a 7 percent coupon rate. What should be the bond's...
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An eight-year corporate bond has a 7 percent coupon rate. What should be the bond's price if the required return is 6 percent and the bond pays interest semiannually? Multiple Choice $1,049.49 $1,062.10 $1,052,99 $1,062.81 $1,053.45
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