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6. You purchased a 10-year T note at par value immediately after it was issued 2 years ago. The coupon on the note at the
6. You purchased a 10-year T note at par value immediately after it was issued 2 years ago. The coupon on the note at the time of issue was 6% and FV = 1000. Today (that is two years later) similar maturity bonds with FV=Par are issued at 5% coupon. You want to sell your bond. What is the likely price you will get? (6)
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