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bond has a face value of $3000 and pays coupon of 12% per annum for 4 years. if the market interest rate is 16% .how

bond has a face value of $3000 and pays coupon of 12% per annum for 4 years. if the market interest rate is 16% .how much will u pay for the bond if the coupon was to be paid semi-annually will answer be different.

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