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Assume a 5-year Treasury bond has a coupon rate of 4.5%. If thisbond's par value is $10,000 and the required rate is 6.0%, the present

Assume a 5-year Treasury bond has a coupon rate of 4.5%.

If thisbond's par value is $10,000 and the required rate is 6.0%, the present value of the bond is

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