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How much would an investor expect to pay for a $1,000 par value bond with a 9% semi-annual coupon that matures in 5 years if

How much would an investor expect to pay for a $1,000 par value bond with a 9% semi-annual coupon that matures in 5 years if the interest rate is 7%? 3 pts $696.74 $1,083.17 $1,082.00 $1,123.01

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