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Posted on Oct 19, 2024

A 1 5 - year $ 1 , 0 0 0 face value bond with a coupon rate of 1 2 % % is currently

15 -

year $

1, 000

face value bond with a coupon rate of

12 % %

is currently priced at $

875.91 .

This bond is selling

. . .

A Market

Value

A Discount

ParValue

A Premium

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