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A 9.5% coupon rate bond (that pays interest every six months), with 4 years until maturity is selling at $950. An investor with a 10

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A 9.5% coupon rate bond (that pays interest every six months), with 4 years until maturity is selling at $950. An investor with a 10 required rate of return ask your advice. What is your advice regarding the purchase of the bond? Select one: purchase the bond because the bond is undervalued by $34.15 O not enough data to answer purchase the bond because the bond is undervalued by $33.84 don't purchase because the bond is overvalued Odon't purchase the bond because the bond is overvalued by $34.15

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