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A portfolio manager is considering the purchase of a bond with a 6% coupon rate that pays interest annually and matures in twenty years.

A portfolio manager is considering the purchase of a bond with a 6% coupon rate that pays interest annually and matures in twenty years. If the required rate of return on the bond is 5.5%, the price of the bond per 100 of par value is: A portfolio manager is considering the purchase of a bond with a 6% coupon rate that pays interest annually and matures in twenty years. If the required rate of return on the bond is 5.5%, the price of the bond per 100 of par value is: A portfolio manager is considering the purchase of a bond with a 6% coupon rate that pays interest annually and matures in twenty years. If the required rate of return on the bond is 5.5%, the price of the bond per 100 of par value is: A portfolio manager is considering the purchase of a bond with a 6% coupon rate that pays interest annually and matures in twenty years. If the required rate of return on the bond is 5.5%, the price of the bond per 100 of par value is:

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