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Problem 1 Intro A corporate bond has 17 years to maturity, a face value of $1,000, a coupon rate of 5.4% and pays interest semiannually.

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Problem 1 Intro A corporate bond has 17 years to maturity, a face value of $1,000, a coupon rate of 5.4% and pays interest semiannually. The annual market interest rate for similar bonds is 3.3%. Attempt 1/2 for 10 pts. Part 1 What is the price of the bond? 0+ decimals Submit

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