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Problem 10 Intro A corporate bond has 18 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays interest twice

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Problem 10 Intro A corporate bond has 18 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays interest twice a year. The annual market interest rate for similar bonds is 3.1%. Attempt 1/5 for 2 pts. Part 1 What is the value of the bond (in $)? 0+ decimals Submit

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