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How much do you expect to pay for a 26-year bond with a coupon rate of 8.50%, if the current market rate is 8.00%? O

How much do you expect to pay for a 26-year bond with a coupon rate of 8.50%, if the current market rate is 8.00%? O $1,033.28 O $1,064.91 O $948.23 O $1,043.83 O $1,054.37 pia Exam Guidelines LO Your

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