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4. Given the opportunity to invest in one of the three bonds listed below, which would you purchase? Assume an interest rate of 8%. (10
4. Given the opportunity to invest in one of the three bonds listed below, which would you purchase? Assume an interest rate of 8%. (10 Points) Bond Face Value Annual Coupon Rate Maturity Price $1,000 4% 1 year $990 $1,000 7.5% 17 years $990 $1,000 8.5% 25 years $990
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