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A bond is available for purchase that a face value of 10000, an 8% coupon, payable semi annually, and 20 years of its original 25

A bond is available for purchase that a face value of 10000, an 8% coupon, payable semi annually, and 20 years of its original 25 years left to maturity, approximately how much would you pay for the bond if the market return on similar bonds is 10%

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