Kris8161 Kris8161
  • 24-05-2023
  • Business
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BlackSuit an apparel company issued a five-year bond with a coupon rate of 6.5% and a face value of
$100. The coupon payment is made quarterly. At the end of year four, the observed market interest rate
is 2%, what is the market price of the Blacksuit bond?

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