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A bond has a face value of $1,000, a coupon rate of 15% and a maturity of 7years.If the agents in themarket areexpecting to yield
A bond has a face value of $1,000, a coupon rate of 15% and a maturity of 7years.If the agents in themarket areexpecting to yield 10% on this bond.Calculate the price for this bond at time=0.
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