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A firm is going to issue a 10-year bond with semi-annual coupon payments. The face value is $1,000 and the coupon rate is 6% per

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A firm is going to issue a 10-year bond with semi-annual coupon payments. The face value is $1,000 and the coupon rate is 6% per year. If the market requires an annual 4% return on the bond, what should be the bond price? A) $1,163.51 OB) $864.10 C) $928.37 D) $1,000.00 A firm is going to issue a 10-year bond with semi-annual coupon payments. The face value is $1,000 and the coupon rate is 6% per year. If the market requires an annual 4% return on the bond, what should be the bond price? A) $1,163.51 OB) $864.10 C) $928.37 D) $1,000.00

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