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22.What is the market value of a bond that will pay a total of 40 semiannual coupons of $50 each over the remainder of its

22.What is the market value of a bond that will pay a total of 40 semiannual coupons of $50 each over the remainder of its life? Assume the bond has a $1,000 face value and a YTM of 8% compounded semi-annually.

Question 22 options:

$634.86

$1,215.62

$642.26

$1,135.90

$1,197.93

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