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Bonds issued by Boeing (BA) pay coupons annually. The bonds mature in 6 years and investments of similar risk are currently yielding 11%. If the

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Bonds issued by Boeing (BA) pay coupons annually. The bonds mature in 6 years and investments of similar risk are currently yielding 11%. If the coupon rate is 10%, what is the most an investor should be willing to spend for a bond? Assume the bond pays $1,000 at maturity. a) $1,043.55 b) $975.02 Oc) $1,000.00 d) $1,025.38 Oe) $957.69

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