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A coupon bond that pays interest semiannually has a par value of $1,000, matures in 8 years, and has a yield to maturity of 6%

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A coupon bond that pays interest semiannually has a par value of $1,000, matures in 8 years, and has a yield to maturity of 6% Ir the coupon rate is 7%, the intensic value of the bond today will be $1000 OB $1.06251 51061.82 00 51.100 03

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