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Aps D Question 22 Kevin Rogers is interested in buying a five-year bond that pays a coupon of 10 percent on a semiannual basis. The

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Aps D Question 22 Kevin Rogers is interested in buying a five-year bond that pays a coupon of 10 percent on a semiannual basis. The current market te u similar bonds is 8.8 percent. What should be the current price of this bond? Do not round intermediate computations. Round you fed answer to the nearest dollar.) O $1,099 8982 O $1,048 O $965 Previous

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