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estion 17 Suppose you just purchased Phes 15 ver. 51.000 parce bord that you bond is 7% annually with interest bald semiannually you open you

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estion 17 Suppose you just purchased Phes 15 ver. 51.000 parce bord that you bond is 7% annually with interest bald semiannually you open you pay for the bond (Round your answer to boo destination 50 Suppose you just purchased Pfizer's 15-year $1,000 par value bond but has 12 years left to maturity. The corporate on the bond is 7% annually, with interest paid semi-annually. If you expect to eam a 8% rate of return on this bond, how much die you pay for the bond? (Round your answer to two decimal point) Previous Q10 SEO

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