Find what is the bond price in the given issue

Reference no: EM132160318

Question: A 6% coupon rate bond has a face value of $1000, pays interest semiannually, and will mature in 10 years. If the current market rate is 8% interest compounded semiannually, what is the bond's price? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132160318

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