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7. What is the price of a bond maturing in 100 years that has a face value of $1,000; pays a semi-annual coupon of $25

7. What is the price of a bond maturing in 100 years that has a face value of $1,000; pays a semi-annual coupon of $25 and pays the face value amount at maturity? The market interest rate is 5%. Students need not show work if you can explain your reasoning for the answer. (10 pts)
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