Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going inte

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answerhappygod
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Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going inte

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Haswell Enterprises' bonds have a 10-year maturity, a 6.25%
semiannual coupon, and a par value of $1,000. The going interest
rate (rd) is 10.5%, based on semiannual compounding.
What is the bond's price?
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