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a $10000 par value bond with an annual coupon has a maturity of only 1 year (last coupon remaining).Its annual current yield is 8%, annual
a $10000 par value bond with an annual coupon has a maturity of only 1 year (last coupon remaining).Its annual current yield is 8%, annual YTM = 11%. What is the current value of the bond(PV)?
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