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50. A 20-year corporate bond that pays an interest of 2% per quarter has a face value of $10,000.000. If an individual wants a rate

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50. A 20-year corporate bond that pays an interest of 2% per quarter has a face value of $10,000.000. If an individual wants a rate of return of 12% compounded quarterly, what is the bound worth for this person at time "0""

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