The Brunswick Company issues 11-year bonds, with an annual coupon rate of 8.9%, but pays coupons semi-annually. Calculat
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The Brunswick Company issues 11-year bonds, with an annual coupon rate of 8.9%, but pays coupons semi-annually. Calculat
Company issues 11-year bonds, with an annual coupon rate of 8.9%, but pays coupons semi-annually. Calculate the price per $1,000 face value using an annual interest rate of 5.4%. Answer to the nearest cent.
The Brunswick