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A bond with a face value of $1000, and 6% coupon rate (paid semi-annually) has 20 years left to maturity. The bond yields 4.5%. How
A bond with a face value of $1000, and 6% coupon rate (paid semi-annually) has 20 years left to maturity. The bond yields 4.5%. How much would you like to pay for this bond?
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