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Bond Valuation. Mia wants to invest in Treasury bonds that have a par value of $20,000 and a coupon rate of 6.8%. The bonds have
Bond Valuation. Mia wants to invest in Treasury bonds that have a par value of $20,000 and a coupon rate of 6.8%. The bonds have a 7-year maturity, and Mia requires an 8% return. How much should Mia p...
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