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cyanimpala294Lv1

28 Sep 2019

The 7 percent bonds issued by Modern Kitchens pay interestsemiannually, mature in eight years, and have a $1,000 face value.Currently, the yield to maturity for these bonds is 7.22%. What isthe market price per bond?

$986.81 Please show work

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Jarrod RobelLv2

28 Sep 2019

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