A corporate bond paying 65 interest at the end of each year
A corporate bond, paying $65 interest at the end of each year for 6 years, has a face value of $1,000. If market rates on newly issued similarly rated corporate bonds are now 7.5%, what is the current market price of this bond?
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a corporate bond paying 65 interest at the end of each year for 6 years has a face value of 1000 if market rates on
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