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Corporate bonds usually have a face value of $1,000 and pay fixed coupon payments in two equal semiannual installments. Based on these characteristics, what should
Corporate bonds usually have a face value of $1,000 and pay fixed coupon payments in two equal semiannual installments. Based on these characteristics, what should be the value of a corperate bond with annual coupon payments of $65.00,16 years to maturity, and yield-tomaturity of 6.2% ? 51.003.83$51.030.17$51,0899751.524.26
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