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12. Assume that you are planning to buy 23 year bond that pays an annual 7.19% coupon rate, the bond has a par value of

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12. Assume that you are planning to buy 23 year bond that pays an annual 7.19% coupon rate, the bond has a par value of $10,000 and makes semiannual payments, the appropriate discount rate is 6.17%. how much you willing to pay for this bond? (2 Points) 11244.53 13284.81 12736.24 11974.72

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