Business, 25.02.2020 06:23 austinmontgomep7foxp

What is the price of a $1,000 par value bond with an 8% coupon rate paid annually, and 6 years to maturity if the bond is currently sold at the yield-to-maturity of 7.32%? Round to the nearest cent. Do not a dollar sign in your answer.

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What is the price of a $1,000 par value bond with an 8% coupon rate paid annually, and 6 years to ma...