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Frank bought Bond F four years ago, when the market interest rate was 11%APR. Today, the bond currently has eight years to maturity and has

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Frank bought Bond F four years ago, when the market interest rate was 11%APR. Today, the bond currently has eight years to maturity and has an annual coupon rate of 9%, making semi-annual coupon payments. If the current price of the bond is $840, what do you know about the market interest rate today? Market interest rate 9% Market interest rate =11%

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