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    Dec 8, 2010, 06:14 PM
    How do you find the market price of a bond on the day it was issued?
    How do you find the market price of a bond on the day it was issued? It is a 25 yr bond with a face value of 5000 ten years ago, with a coupon rate of 7 percent payable semiannually. The current market rate of interest is 12 percent.

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