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QUESTION
One year ago, Intel Corp. issued a 10-year bond with an annual coupon rate of 2.60 percent, payable on a semi-annual basis. The bond's yield to...
One year ago, Intel Corp. issued a 10-year bond with an annual coupon rate of 2.60 percent, payable on a semi-annual basis. The bond's yield to maturity is currently 2.715 percent. What is the bond's current price per unit if its par value is $1,000 per unit?
