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A $1000 bond has an annual coupon rate of 6%, payments are made quarterly. It matures in 12 years. Comparable debt is yielding 5%. What

A $1000 bond has an annual coupon rate of 6%, payments are made quarterly. It matures in 12 years. Comparable debt is yielding 5%.

What is the value you would input for "i" in your financial calculator?

1.25

2.50

1.50

5

6

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