Suppose that general acceptance corporation issued a bond


Suppose that General Acceptance Corporation issued a bond with 10 years maturity, a face value of $1.000, and a coupon b of 7.2% (). The yield to on this bend when it was issued was 5.8%.

What was the piece of this bend was issued? When it was issued, the price of the bond $. (Round to the .)

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Financial Management: Suppose that general acceptance corporation issued a bond
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