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A bond has a coupon interest rate of 6 % . It has a par value of $ 1 , 0 0 0 and matures

A bond has a coupon interest rate of 6%. It has a par value of $1,000 and matures in 5 years. If market rates on bonds are 8% today, the value of this bond would be computed as:$1,00$920$1252$1084

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