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and show equation so that i can understand A tax-exempt bond was recently issued at an annual 8 percent coupon rate and matures 20 years

and show equation so that i can understand A tax-exempt bond was recently issued at an annual 8 percent coupon rate and matures 20 years from today. The par value of the bond is $1,000. If required market rates fall to 5 percent, what is the market price of the bond

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