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3. (Bond Term) You are considering buying a bond with the following terms: $1000 face value, a 5% coupon rate with semi-annual payment, selling at

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3. (Bond Term) You are considering buying a bond with the following terms: $1000 face value, a 5% coupon rate with semi-annual payment, selling at 95% of face value. How long will the term of this bond be if you require a 6% return? (Round up to nearest half-year.)

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