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6. What is the most you would pay for this bond? 1. Your hurdle rate is 8%. 2. The face value of the bond is
6. What is the most you would pay for this bond? 1. Your hurdle rate is 8%. 2. The face value of the bond is $10,000. 3. The maturity date is ten years from now. 4. The contractual, stated bond interest rate is 6% and interest payments occur semiannually.
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