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5) Your broker offers to sell for $1150 an AAA-rated bond with a coupon rate of 6 percent and a maturity of 8 years. Given
5) Your broker offers to sell for $1150 an AAA-rated bond with a coupon rate of 6 percent and a maturity of 8 years. Given that the interest rate on comparable debt is 4 percent, is your broker fairly pricing the bond
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