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A Bell Canada enterprises bond has a face value of $1000, a coupon rate of 8.0 percent, with coupons paid semi-annually, and 20 years to
A Bell Canada enterprises bond has a face value of $1000, a coupon rate of 8.0 percent, with coupons paid semi-annually, and 20 years to maturity. If the yield to maturity of bonds of comparable risk is 8.0 percent, what is the price that you should be willing to pay for this bond.
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