The Augusta Company issues 12-year bonds, with an annual coupon rate of 8.8%. Calculate the price per $1,000 face value

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answerhappygod
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The Augusta Company issues 12-year bonds, with an annual coupon rate of 8.8%. Calculate the price per $1,000 face value

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The Augusta Company Issues 12 Year Bonds With An Annual Coupon Rate Of 8 8 Calculate The Price Per 1 000 Face Value 1
The Augusta Company Issues 12 Year Bonds With An Annual Coupon Rate Of 8 8 Calculate The Price Per 1 000 Face Value 1 (11.51 KiB) Viewed 9 times
The Augusta Company issues 12-year bonds, with an annual coupon rate of 8.8%. Calculate the price per $1,000 face value using an interest rate of 11.0%. Answer to the nearest cent.
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