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A bond has a face value of $10,000. The bond has a coupon rate of 8.0% and pays interest annually. The bond matures in 20
A bond has a face value of $10,000. The bond has a coupon rate of 8.0% and pays interest annually. The bond matures in 20 years. The yield on the bond is 9.0%. What is the current price of the bond? ?...
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