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Carolyn Osborn is interested in investing in a six-year bond that pays an 8% coupon with interest to be received semi-annually. Her required rate of

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Carolyn Osborn is interested in investing in a six-year bond that pays an 8% coupon with interest to be received semi-annually. Her required rate of return is 8.4%. What is the most she should be willing to pay for this bond? (round to the nearest dollar.) $1,080$970$1,000$981

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