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a. What is the market price of a $1,000 bond that has a coupon rate (interest) of 6%, matures in 10 years, with your required

  1. a. What is the market price of a $1,000 bond that has a coupon rate (interest) of 6%, matures in 10 years, with your required rate of return being 8%______

b. is the bond selling at discount or premium? _____

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