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Assume a $1.000 face value bond has a coupon rate of 6.0 percent paid semiannually and has an eight-year life. (a) If investors are willing

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Assume a $1.000 face value bond has a coupon rate of 6.0 percent paid semiannually and has an eight-year life. (a) If investors are willing to accept a 10.9 percent rate of return on bonds of simitar quality, what is the present value or worth of this bond? (Round final answer to nearest dollar amount.) Present value $ (b) What is the value of the bond it investors wanted an 5.5 percentrate of return (Hound Pool ontwertoneret olla mort Bond value 5

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