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Marin Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The market requires

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Marin Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The market requires an interest rate of 5.25% on these bonds. What is the bond's price? Your answer should be between 1000.00 and 1120.00 , rounded to 2 decimal places, with no special characters. Suppose that the yield on a two-year Treasury security is 5.84%, and the yield on a five-ycar Treasury security is 6.42\%. Assuming that the pure expectation theory is correct, what is the market's estimate of the three-year Treasury rate two years from now? The error margin will allow either arithmetic or geometric averaging on this question. Your answer should be between 5.58 and 7.98 , with no special characters. You may round to 4 decimal places if. you wish, but only 2 decimal places are necessary for a correct

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