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3. Juppose the interest rate is 10%. What is the value of a coupon bond that pays $80 per year for a each of the
3. Juppose the interest rate is 10%. What is the value of a coupon bond that pays $80 per year for a each of the next five years and then makes a principal repayment of $1000 in the sixth year? Repeat for an interest rate of 15%
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