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28. An investor would like to purchase a $1000 par value, 5-year, 5% bond, which pays coupons quarterly. Calculate the expected price if the market

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28. An investor would like to purchase a $1000 par value, 5-year, 5% bond, which pays coupons quarterly. Calculate the expected price if the market rate for a similar 5-year bond is 4.80%. (2 points)

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