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2nd attemptConsider a bond (with par value = $1,000) paying a coupon rateof 10% per year semiannually when the market interest rate is only5% per

2nd attemptConsider a bond (with par value = $1,000) paying a coupon rateof 10% per year semiannually when the market interest rate is only5% per half-year. The bond has three years until maturity. 2 answers

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