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A 10 year bond has a coupon rate of 7% annually and a principal payment of 1000.00. Other similar bonds are paying 9% annually. To

A 10 year bond has a coupon rate of 7% annually and a principal payment of 1000.00. Other similar bonds are paying 9% annually. To determine the value of this bond you must find the interest factor, IF. at:

9% for 10 periods

9% for 20 periods

4.5% for 20 periods

4.5% for 10 periods

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