Morin companys bonds mature in 8 years have a par value of
Morin Company's bonds mature in 8 years, have a par value of $1,000 and make an annual coupon interest payment of $65. The market requires an interest rate at 9% on these bonds. What is the bond's price? Assume that this bond in non-callable.
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morin companys bonds mature in 8 years have a par value of 1000 and make an annual coupon interest payment of 65 the
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