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Chantal has issued a five-year bond with a coupon rate of 8% and a face value of $5,000. As a personal investor, you require a
Chantal has issued a five-year bond with a coupon rate of 8% and a face value of $5,000. As a personal investor, you require a rate of return of 10%. What is the value of the bond? A. $5,000.00 B. $5,399.37 C. $4,620.94 D. $3,050.00
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