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9 . 4 ( Valuing bonds ) ( Related to Checkpoint 9 . 4 on page 3 0 5 ) Calculate the market value of

9.4(Valuing bonds)(Related to Checkpoint 9.4 on page 305) Calculate the market value of a bond that matures in eight years and has a 1,000 face value. The annual coupon interest rate is 4 percent, and the ma
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