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Question 1 1 pts You are considering buying a semi-annual coupon bond with a stated coupon rate of 8% (note that the stated rate is
Question 1 1 pts You are considering buying a semi-annual coupon bond with a stated coupon rate of 8% (note that the stated rate is in annual terms). There are 6 years to maturity remaining on it. You require a rate of return of 8%. How much should you be willing to pay for this bond? (keep four decimals; don't use thousands separator; don't use dollar sign)
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