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Assume that you wish to invest in a bond with a 30-year maturity left, an coupon payment of $42 eve period, a face value of

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Assume that you wish to invest in a bond with a 30-year maturity left, an coupon payment of $42 eve period, a face value of 1,000. The bond follows a semiannual interest payment schedule. fyou require an 8.4 percent nominal yield to maturity on this investment, what is the price the invest hould consider paying? O $1,000.00 $1,021.61 $1.622.44 $510.80

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