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(1 point) A 9-year bond with a face value of $1000 earns interest at C2 = 8.8%. If the bond sells for $976.59 to yield

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(1 point) A 9-year bond with a face value of $1000 earns interest at C2 = 8.8%. If the bond sells for $976.59 to yield an investor y2 = 8%, what is the redemption value? Answer: $

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