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Bill is considering investing in a? bond, and found a prospect. It is a 10?-year, $1,000 bond with a 7% coupon rate and semiannual coupons.

Bill is considering investing in a? bond, and found a prospect. It is a 10?-year, $1,000 bond with a 7% coupon rate and semiannual coupons. It is currently trading for a price that implies the?...

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