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kyaramarie318 kyaramarie318
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1 months ago
A $1,000 par value, 12-year annual bond carries a coupon rate of 7%. If the current yield of this bond is 7.995%, its market price to the nearest dollar is

▸ $876.

▸ $925.

▸ $1,075.

▸ $1,125.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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yolinessyoliness
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$876.
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