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Chesterton, Inc. wants to sell you a 7.5 percent annual coupon bond that makes semiannual payments. Your required return on the bond is 8.16 percent

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Chesterton, Inc. wants to sell you a 7.5 percent annual coupon bond that makes semiannual payments. Your required return on the bond is 8.16 percent annually with semi-annual compounding, and the bond matures in 10 years. How much would you pay for the bond given a $1,000 face value? O $1,449.42 $1,461.51 O $955.47 O $1,506.05 O $1,055.32

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