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If the yield to maturity on this bond is 9 percent what is

Cullumber Corp. issued a four-year bond one year ago with a coupon rate of 6.0 percent. The bond pays interest semiannually. If the yield to maturity on this bond is 9 percent, what is the price of the bond? (Round answer to 2 decimal places, e.g. 5,275.25.)

Price of bond$( )

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Basic Computer Science: If the yield to maturity on this bond is 9 percent what is

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Basic Computer Science: If the yield to maturity on this bond is 9 percent what is

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