Corporation bond in the market

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A one-year U.S. Treasury bond has a face value of $52,500.00 and is selling for $50,000.00 today. A corporation bond has a face value of $45,000.00. The corporation bond is quite risky and carries a risk premium of 20% over the Treasury bond. So, the price of the corporation bond in the market should be (____________) dollars.

Reference no: EM132299170

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