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A corporate bond which will be matured in 10 years has a par value of $1000, with a 7% coupon rate which will be pisid

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A corporate bond which will be matured in 10 years has a par value of $1000, with a 7% coupon rate which will be pisid arrinsidy. Show your work when answering the following questions: (1) What is the value of the bond if market requires 9% rate of retum from this bond? (2) What is the bond's yleld to maturity (YTM) if current market price for this bond is $900 ? (Round the answer to mo decimat places) (3) Would you be willing to buy this bond? Why or why not? (You will obtain zerecreditif you fall to answer why)

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