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8%, find out what would be its price. Given the market price of the bond is $1,000, would you buy it? Justify A $1,000 10%
- 8%, find out what would be its price. Given the market price of the bond is $1,000, would you buy it? Justify A $1,000 10% 3-year bond pays semi-annual interest. Given that the yield to maturity of the bond is your answer.
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