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Problem 8 Intro A corporate bond has 23 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays coupon twice

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Problem 8 Intro A corporate bond has 23 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays coupon twice a year. The annual market interest rate for similar bonds is 3.1%. : | Attempt 1/10 for 10 pts. Part 1 What is the price of the bond (in $)? No decimals Submit

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