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Bond X is noncallable and has 20 years to maturity, a 9% annualcoupon, and a $1,000 par value. Your required return on Bond X is8%;
Bond X is noncallable and has 20 years to maturity, a 9% annualcoupon, and a $1,000 par value. Your required return on Bond X is8%; if you buy it, you plan to hold it for 5 years. You (and themarke 2 answers
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