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A 8-year bond with a face value of $1000 earns interest at j2=9%. If the bond sells for $1251.17 to yield an investor j2=6.8%, what
A 8-year bond with a face value of $1000 earns interest at j2=9%. If the bond sells for $1251.17 to yield an investor j2=6.8%, what is the redemption value? Answer: \$
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