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4. (5 points) Two years ago, you bought a Newark GO bond with a face value of $10,000 and a maturity of 15 years. The
4. (5 points) Two years ago, you bought a Newark GO bond with a face value of $10,000 and a maturity of 15 years. The bond was insured by a AAA bond insurance company, and its coupon rate was 4.5%. The bond pays interest every six months. The bond insurance company was recently downgraded to AA, and the market interest rate for this bond is now 4.75%. How much could you sell the bond for in today's market
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