jaspersisk608 jaspersisk608
  • 06-06-2023
  • Business
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Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 8 percent. Today comparable bonds are paying 9.5 percent. What is the approximate dollar price for which you could sell your bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Approximate ket value

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