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Business, 17.03.2020 00:28 Leggett8152

Gugenheim, Inc., has a bond outstanding with a coupon rate of 6.4 percent and annual payments. The yield to maturity is 7.6 percent and the bond matures in 20 years. What is the market price if the bond has a par value of $2,000?

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Gugenheim, Inc., has a bond outstanding with a coupon rate of 6.4 percent and annual payments. The y...
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