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1 0 - year 6 % coupon $ 1 0 , 0 0 0 par value bond with a semi - annual coupon is offered
year coupon $ par value bond with a semiannual coupon is offered for sale at an asking price of $ What would be the bonds value if just after it was issued, the expected inflation rate fell rose and the required rate of return declined increased to Would the bond now be sold at par, at a premium, or at a discount in those situations?
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