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2. You have a bond that matures in 25 years with a maturity value of $1,000. If the bond has a 6% semiannual coupon and

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2. You have a bond that matures in 25 years with a maturity value of $1,000. If the bond has a 6% semiannual coupon and the market requires a return of 8% on the bond, what is the current market price of the bond? 2. You have a bond that matures in 25 years with a maturity value of $1,000. If the bond has a 6% semiannual coupon and the market requires a return of 8% on the bond, what is the current market price of the bond

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