Business, 29.11.2019 03:31, sophie2001sophie

Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 6 percent. today comparable bonds are paying 6.5 percent. what is the approximate dollar price for which you could sell your bond?

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Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 6 per...