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A9.5% coupon rate bond with 4 years until maturity is selling at $950. An investor with a 11 required rate of return ask your advice.

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A9.5% coupon rate bond with 4 years until maturity is selling at $950. An investor with a 11 required rate of return ask your advice. What is your advice regarding the purchase of the bond? Select one: don't purchase because the bond is overvalued don't purchase the bond because the bond is overvalued by $34.15 not enough data to answer purchase the bond because the bond is undervalued by $3,43 purchase the bond because the bond is undervalued by $33.84

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