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A semiannual 7.8 percent coupon bond with a par value of $1,00 par value currently sells for par value. What is the maturity on this

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A semiannual 7.8 percent coupon bond with a par value of $1,00 par value currently sells for par value. What is the maturity on this bond? The bond must be maturing today. The bond must be a perpetual security. The bond must mature in one year. The bond must mature in 10 years. The bond could have any maturity date

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