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A 10 year bond, with a par value equsing S1000, pays 7% annually. If similar bonds are currently yielding 6% annually what is the market

A 10 year bond, with a par value equsing S1000, pays 7% annually. If similar bonds are currently yielding 6% annually what is the market value of the bond? Use semi-annual analysis O $927.50 O 5152070 O $70000 $107470

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