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PLEASE EXPLAIN WHY IS THAT THE CORRECT ANSWER IN (100) WORDS OR MORE. A $1000 face value bond with a coupon rate of 5.7% paid

PLEASE EXPLAIN WHY IS THAT THE CORRECT ANSWER IN (100) WORDS OR MORE. A $1000 face value bond with a coupon rate of 5.7% paid semi-annually has 8 years to maturity, and is currently trading for $956. ...

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