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An investor just purchased a 10-year, $1,000 par value bond. The coupon rate on this bond is 8% annually, with interest being paid every

An investor just purchased a 10-year, $1,000 par value bond. The coupon rate on this bond is 8% annually, with interest being paid every six months. If the investor expects to earn a 10% simple rate of return on this bond, how much should she pay for it? O $1,122.87 $1,003.42 $875.38 $950.75

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