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Intro Lomack Company's bonds have a 9-year maturity, a 12% coupon, paid semiannually, and a...

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Intro Lomack Company's bonds have a 9-year maturity, a 12% coupon, paid semiannually, and a par value of $1,000. The market interest rate is 4%, with semiannual compounding, 1 Attempt 1/10 for 9.5 pts. Part 1 What is the bond's price (in $)? No deci Submit

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