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A 20-year bond pays 6% on a face value of $1000 if similar bonds are currently yielding 5 %. what is the market value of

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A 20-year bond pays 6% on a face value of $1000 if similar bonds are currently yielding 5 %. what is the market value of the bond? Use annual analysis. Over $1, 100 Under $1,000 Under $900 Not enough information is given to tell

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