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A standard, coupon-bearing bond with $12,000,000 Par Value has a coupon rate of 1.8%, a yield of 2.0% and matures in 4 years. If the

A standard, coupon-bearing bond with $12,000,000 Par Value has a coupon rate of 1.8%, a yield of 2.0% and matures in 4 years. If the payments are paid semi-annually then what is the Market Value of the bond? $11,909,223.04 $9,089,990.76 $11,908,179.87 $12,000,000

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