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Problem 11 Intro A corporate bond has 22 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays interest twice
Problem 11 Intro A corporate bond has 22 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 3.3%. | Attempt 2/10 for 8 pts. Part 1 What is the value of the bond (in $)? + decimals Submit
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