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Mia wants to invest in treasury bonds that have a par value of $20,000 and a coupon rate of 4.1%. The bonds have a 10

Mia wants to invest in treasury bonds that have a par value of $20,000 and a coupon rate of 4.1%. The bonds have a 10 year maturity and Mia requires a 7% return. How much should Mia pay for her bonds, assuming interest is paid annually?

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