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Bond’s Price Assignment | Homework For You

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May 22nd, 2020
A bond with a face value of $3,000 has a current yield of 7% and a coupon rate of 8%. What is the bond’s price?
A. $3,428.57 B. $3,328.57 C. $3,228.57 D. $3,128.57 E. None of the above. Get Finance homework help todayHomework For You

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