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Given the following semiannual-pay bond:Corporate Bond, non-callable, Matures in 10 years, 5% Annual Coupon, YTM 7%, purchases $1,000 in Face Value. What is the present
Given the following semiannual-pay bond:Corporate Bond, non-callable, Matures in 10 years, 5% Annual Coupon, YTM 7%, purchases $1,000 in Face Value. What is the present value of the Maturity Cash Flow?
- 502.57
- 258.42
- 578.32
- 347.60
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