Business, 21.10.2020 16:01, anthonylopez1

A semiannual coupon bond with face value of $1,000 has a coupon rate of 6% and matures in 16 years. The market-determined discount rate on this bond is 14%. What is the price of the bond?

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A semiannual coupon bond with face value of $1,000 has a coupon rate of 6% and matures in 16 years....