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Problem 10 Intro BankMart Inc. recently issued bonds that mature in 8 years. They have a par value of $1,000 and an annual coupon of

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Problem 10 Intro BankMart Inc. recently issued bonds that mature in 8 years. They have a par value of $1,000 and an annual coupon of 2%. The current market interest rate is 7%. IB Attempt 1/5 for 2 pts. Part 1 What is the bond's value? 0+ decima Submit

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