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An investors would like to purchase a 10-year, $1,000 par value bond that pays interest of $70 every 6 months. If your nominal annual required
An investors would like to purchase a 10-year, $1,000 par value bond that pays interest of $70 every 6 months. If your nominal annual required rate of return is 10 percent with semiannual compounding, how much the investor will be willing to pay for this bond? O $1,249.24 O $1,321.49 $957.68 O $1,086.15 O $1,129.36
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