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2) What is the price of a10 year discount bond with $1,000 face value when: a) i = 9% b) i = 8% c) What

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2) What is the price of a10 year discount bond with $1,000 face value when: a) i = 9% b) i = 8% c) What is the percent change in the value of this discount bond? d) What is the approximate estimated Duration using the formula above

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