paigelynnplum644 paigelynnplum644
  • 06-06-2023
  • Business
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ps24
Assume a par value of $1,000. Caspian Sea plans to issue a 5.00
year, semi-annual pay bond that has a coupon rate of 7.84%. If the
yield to maturity for the bond is 8.17%, what will the price of bond be?

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