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4 May, 12:10

Callaghan motors' bonds have 10 years remaining to maturity. interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8 percent; and the yield to maturity is 9 percent. what is the bond's current market price?

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  1. 4 May, 13:18
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    My answered be 20,000
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