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6. How much would an investor expect to pay (PV) for a $1,000 face value (FV) bond having a 13% coupon rate (which means iccupon-0.13)

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6. How much would an investor expect to pay (PV) for a $1,000 face value (FV) bond having a 13% coupon rate (which means iccupon-0.13) if the market interest rate (1) has decreased to 7.5%? Assume this bond matures in 2032, which means the bond has 10 years until maturity

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