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Question: cinqua terra incorporated issued 10year bonds three years ago with...

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Cinqua Terra Incorporated issued 10-year bonds three years ago with a coupon rate of 7.625% APR. The bonds pay semi-annual coupons, have a face value of $1,000.00 each and were issued at par value. What is the price of the Cinque Terra bonds today if investors want a 5.69% APR return for bonds of similar risk and maturity? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here...
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