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2. Assume you purchase a bond that has a face value of $2,800 and pays an annual coupon of 3.7%. what is the amount of
2. Assume you purchase a bond that has a face value of $2,800 and pays an annual coupon of 3.7%. what is the amount of the annual coupon payment? If the interest rate of comparable bonds increases to 4.55% and you decide to sell your bond what os the approximate market value
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