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8) Mur Corp's bonds mature in 8 years with a par value of $1000 and annual Coupon rate of 6.5%. The market requires an Interest

8) Mur Corp's bonds mature in 8 years with a par value of $1000 and annual Coupon rate of 6.5%. The market requires an Interest rate of on these bonds. What IS the bond's price? 1,2%

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