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A Walmart bond pays $ 1 0 0 per year in coupon interest at the end of each year. You intend to keep the bond
A Walmart bond pays $ per year in coupon interest at the end of each year. You intend to keep the bond for years and expect to sell it at the end of year for $ The bond's required rate of return is percent. How much would you pay for the bond? What is the bond's fair price?
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