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Ellen purchased a 10 year bond with a$1000.00 face value and a 5 percent coupon rate pid semi- annually. Use bond valuation formula. A. If

Ellen purchased a 10 year bond with a$1000.00 face value and a 5 percent coupon rate pid semi- annually. Use bond valuation formula.

A. If the required rate of return is 8 percent, what is the current market value of the bond?

B. What is the value of thebond if interest is paid quarterly.

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