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Question 1: A $1,000 FedEx Corp. bond has a coupon rate of 5%, pays interest semiannually, and matures in six years. If the yield

Question 1: A $1,000 FedEx Corp. bond has a coupon rate of 5%, pays interest semiannually, and matures in six years. If the yield to maturity is 8.75%, what is the bond's value today? Refer problem type B.V. Make sure that you use negative sign before the function to make the final answer positive. Rate(6, #VALUE!

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