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a bond has 6-years to maturity is available for $932.45, and the coupon pays $45 every six months Using the above information (6-years to maturity,

a bond has 6-years to maturity is available for $932.45, and the coupon pays $45 every six months

  1. Using the above information (6-years to maturity, available for $932.45, with a coupon that pays $45 every six months), if rates in the market fell to 7% what would your bond be worth what would be its Present Value?

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