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(DONT SEND ME IN IMAGE FORMAT) A 20-year, 10% coupon-interest-rate bond has a $1,000 par value. The market rate of interest is 8%. Compute the
(DONT SEND ME IN IMAGE FORMAT)
A 20-year, 10% coupon-interest-rate bond has a $1,000 par value. The market rate of interest is 8%. Compute the market price of this bond if It has 5-years-to maturity. Assume that interest is paid annually
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