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Jerry has an opportunity to buy a bond with a face value of $10,000 and a coupon rate of 14 percent, payable semiannually. a. If

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Jerry has an opportunity to buy a bond with a face value of $10,000 and a coupon rate of 14 percent, payable semiannually. a. If the bond matures in five years and Jerry can currently buy one for $3,000, what is his IRR for this investment? b. If his MARR for this type of investment is 20 percent, should he buy the bond

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