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Business, 03.08.2021 23:50 testingawge

Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 16 years Coupon rate: 12 percent Semiannual payments Calculate the price of this bond if the YTM is (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.):

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Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 16 yea...
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