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If the current interest rate on bonds of a certain type is 10%, compounded semiannually. What should the market price of a $1000 face value,

If the current interest rate on bonds of a certain type is 10%, compounded semiannually.



 What should the market price of a $1000 face value, 14% bond be? 



The bond will mature (pays face value) 6 ½ years from today and the next interest payment to the bondholder will be due in six months?

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