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9-9 d of every six months and its appropriate yield to A 20-year bond promises to pay $60 interest at the end of eve $120
9-9 d of every six months and its appropriate yield to A 20-year bond promises to pay $60 interest at the end of eve $120 per year). The bond has a par value of $1,000 and its maturity is 10 percent. What is the present value of the bond
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