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Q2 What is the value of a 6 %, 10-year bond with a par (and redemption) value of $20,000 that pays dividends semi-annually, if

Q2 What is the value of a 6 %, 10-year bond with a par (and redemption) value of $20,000 that pays dividends semi-annually, if the purchaser wishes to earn an 8% return?

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