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Anne T. Lope is considering the purchase of a Builtrite, $1000 par, 10-year maturity, 74% coupon rate bond which is currently selling for $1025. If

Anne T. Lope is considering the purchase of a Builtrite, $1000 par, 10-year maturity, 74% coupon rate bond which is currently selling for $1025. If Anne wants to make a 7% annual return, what would she be willing to pay for the bond

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