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One company issued bonds with a face value of $ 1,000. These bonds will mature on August 27, 2042. Coupons are paid on February 27
One company issued bonds with a face value of $ 1,000. These bonds will mature on August 27, 2042. Coupons are paid on February 27 and August 27 of each year. The annual rate paid by the bonds is 4.24%. As an investor you are asking for an annual rate of 4.337852%. On April 18, 2017, someone offers you this bond. You can pay an amount of maximum of:
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