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10.) A company has 8 percent coupon bonds on the market that have 8 years left to maturity. These bonds make annual payments, and have

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10.) A company has 8 percent coupon bonds on the market that have 8 years left to maturity. These bonds make annual payments, and have a 9 percent yield to maturity. If you wanted to buy one of such bonds, how much would you be paying for it? a. $944.65 b. $897.42 c. $991.88 d. $1,061.47 e. $1,030.00

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