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Assume you purchase a bond that has a face value of $4,100 and pays an annual coupon of 2.9%. what is the amount of the
Assume you purchase a bond that has a face value of $4,100 and pays an annual coupon of 2.9%. what is the amount of the annual coupon payment? If the interest rate of comparable bonds increases to 3.5% and you decide to sell your bond what is the approximate market value? show work
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