What is the maximum price that you would pay up for a


What is the maximum price that you would pay up for a series of A-rated debentures (i.e., corporate bonds) each with a face value of $1000, that promise to pay 32 more semi-annual coupons of $17.25 each at a yield to maturity of 2.91%? Please show how you arrive at your result.

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Financial Management: What is the maximum price that you would pay up for a
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