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Need answer ASAP in dollars and cents with 4 decimal places. Thank you. What is the price today (in dollars and cents) of a 3-year 8.
Need answer ASAP in dollars and cents with 4 decimal places. Thank you.
What is the price today (in dollars and cents) of a 3-year 8.75% coupon rate bond that returns the par value of $1000 at maturity. Use a required rate of return of 10.50%?