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bond is 7N - a. What is the price of the bond if it matures in 15,20,25, or 30 years? b. What do you notice

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bond is 7N - a. What is the price of the bond if it matures in 15,20,25, or 30 years? b. What do you notice about the price of the bond in relationship to the malurity of the bond? a. What is the price of the bond if it matures in 15 years? (Round to the noacest cent.)

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