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Question 1 1 3 pts Find the present value of a 1 0 - year bond that pays an annual coupon, has a coupon rate

Question

11

3

pts

Find the present value of a

10 -

year bond that pays an annual coupon, has a coupon rate of

6 %,

a yield to maturity of

5 %,

with a par value of

1, 000

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