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Please explain: A corporate bond that matures in 25 years has a face value of $1,000. The bond pays an 8% semiannual coupon (i.e., the

Please explain: A corporate bond that matures in 25 years has a face value of $1,000. The bond pays an 8% semiannual coupon (i.e., the coupon payments each period are $40). The bond has a 3.06%...

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