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Question: Assume that today's date is April 15, 2015. The Fresh Bakery, Inc. bond is an annual-coupon bond. The par value of the bond is $5000. How much will you pay for the bond if you purchase the bond today?

The answer should be calculated to two decimal places.

Company Price Coupon Rate Maturity Date YTM Current Yield Rating
Fresh Bakery 119.04 5.049 04-15-2026

AA

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