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Devon has a $1000 bond with a 6% coupon. The yield of the bond is 5.8%. What is the bid price for the bond? O A. $1045.00 O B. $1034.00 O C. $1015.00 O D. $1048.00 PREVIOUS
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Devon has a $1000 bond with a 6% coupon. The yield of the bond is 5.8%.

What is the bid price for the bond?
O A. $1045.00
O B. $1034.00
O C. $1015.00
O D. $1048.00
PREVIOUS

User Shakiera
by
8.0k points

2 Answers

3 votes

Answer:

The correct answer is: $1034.00

Explanation:

User Cherilyn
by
8.1k points
1 vote

Answer:

1034.00-__-Apex

User Jitendra Tiwari
by
8.6k points
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