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and The market price of a 10-year bond is 574$, its yield to maturity is 8% per year, annual coupon payments are equal to 574$.

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and The market price of a 10-year bond is 574$, its yield to maturity is 8% per year, annual coupon payments are equal to 574$. The face value of the bond is $1000. Calculate the present value of the bond. Would you buy it? The answer is to be written in the reasons box. . Round your answer to the nearest tenth

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