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A bond has a par value of $1000 and a coupon rate of 6.9%. The bond matures in 17 years. What is the value of

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A bond has a par value of $1000 and a coupon rate of 6.9%. The bond matures in 17 years. What is the value of the bond if similar bonds yield 4%? Your Answer: Answer A bond has a par value of $1000 and a coupon rate of 5.6%. The bond matures in 19 years. What is the value of the bond if similar bonds yield 4%? This bond makes semiannual payments. Your

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