Business, 20.08.2020 01:01 nschavez123

BankMart Inc. recently issued bonds that mature in 9 years. They have a par value of $1,000 and an annual coupon of 3%. The current market interest rate is 8%.What should be the bond's price?

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BankMart Inc. recently issued bonds that mature in 9 years. They have a par value of $1,000 and an a...

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