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What is the price of the bond

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Q1. Mark Company issued 10 years, $1,000 face value bond with a coupon rate of 8%. Interest paid annually. The current market rate is 12%. What is the price of the bond?

Q2. Mark Company issued 10 years, $1,000 face value bond with a coupon rate of 8%. Interest paid annually. The current market rate is 6%. What is the price of the bond?

Q3. Mark Company issued 10 years, $1,000 face value bond with a coupon rate of 8%. Interest paid annually. The current market rate is 8%. What is the price of the bond?

Reference no: EM132975883

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