What is the current market price of the bonds

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Question: You sold an issue of 30 year $1,000 par value bonds. the bonds had a 9.51% coupon rate and paid interest annually. it is now 19 years later. the current market rate of interest on the bonds is 12.76%. what is the current market price (intrinsic value) of the bonds? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132756177

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