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23 of 55 An Fl purchases at par value a $100,000 Treasury bond paying 8 percent interest with a 6.5 year duration. If interest rates

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23 of 55 An Fl purchases at par value a $100,000 Treasury bond paying 8 percent interest with a 6.5 year duration. If interest rates rise by 2 percent, calculate the bond's new value. Note that Treasury bonds pay interest semiannually. O 528 572 OD$87.500 C$85,714 Od $22,642 Clear my choice Unsure

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