A 1000 par value bond with 5 years remaining until maturity
A $1000 Par Value bond with 5 years remaining until maturity and an annual coupon rate of 7% is selling today to yield 8%. What is the current price of the bond?
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a 1000 par value bond with 5 years remaining until maturity and an annual coupon rate of 7 is selling today to yield 8
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