What is the market price of one of the given bonds

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Question: Black and White, Inc. offers a 9 percent bond with a yield to maturity of 8.15 percent. The bond pays interest annually and matures in 7 years. What is the market price of one of these bonds if the face value is $1,000? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131947145

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