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Bond Valuation. Mia wants to invest in Treasury bonds that have a par value of $ 2 0 , 0 0 0 and a coupon
Bond Valuation. Mia wants to invest in Treasury bonds that have a par value of $ and a coupon rate of The bonds have a year maturity, and Mia requires a retum. How much should Mia pay for her bonds, assuming interest is paid annually?
The amount Mia should pay for the bonds is $
Rourid to the nearest cent
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