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2. An investment grade bond with a coupon rate of 5% will mature in 10 years. Investors who will purchase this bond are requiring a

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2. An investment grade bond with a coupon rate of 5% will mature in 10 years. Investors who will purchase this bond are requiring a 6% yield to maturity. Calculate the current value (or market price) of the bond that investors are seeking. Show your work and briefly explain why the solution is different than 1. Current Bond Price Calculation =

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