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Find what is the price of the? bonds for doisneau

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Reference no: EM132841149

Problem 1: Doisneau 18?-year bonds have an annual coupon interest of 7 ?percent, make interest payments on a semiannual? basis, and have a ?$1,000 par value. If the bonds are trading with a? market's required yield to maturity of 13 ?percent, What is the price of the? bonds?

Reference no: EM132841149

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