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Business, 20.02.2020 03:38 sarbjit879

Two years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 7.25 percent. Today, comparable bonds are paying 7.00 percent. What is the approximate dollar price for which you could sell your bond?

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Two years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 7.25 p...
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