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An investor purchases a 1 0 - year, 8 % annual coupon bond at $ 8 5 . 5 0 3 0 7 5 and
An investor purchases a year, annual coupon bond at $ and sells it in eight years. The bonds yield to maturity is but rises to right after the bond is bought. What is the future value of the reinvested coupons per of par value?
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