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A $100,000 face value bond that matures in 10 years pays 6.5% interest semi-annually. What will it sell for if the market rate is: a.

A $100,000 face value bond that matures in 10 years pays 6.5% interest semi-annually. What will it sell for if the market rate is: a. 5% semi-annually b. 7% semi-annually c. 11.25% semi-annually

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