How much will pay for the bond if you purchased the bond

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Problem 1: Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-­coupon bond. Par value of the bond is $5,000. How much you will pay for the bond if you purchased the bond today? The answer should be calculated to two decimal places

Company - Fresh Bakery

Price - 87.531

Coupon Rate - 6.914

Maturity Date - 04-15-2039

Reference no: EM132757908

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