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ASSUME FUTURE VALUE OF BOND IS 1,000 Q15. V=1,009 LMT is offering bonds with a maturity of 8 years, CPN rate of 6%. CPN payments

ASSUME FUTURE VALUE OF BOND IS 1,000

Q15. V=1,009 LMT is offering bonds with a maturity of 8 years, CPN rate of 6%. CPN payments will be paid semiannually. If the prevailing interest rate in the market is 9%, what price will you pay for this bond? PV=

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