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Question 1 Par = Coupon rate = Bond Term = Coupon PAYMENT = market rate premium = PV = rate = n = PMT =

Question 1
Par =
Coupon rate =
Bond Term =
Coupon PAYMENT =
market rate premium =
PV =
rate =
n =
PMT =
FV =

What's the Present Value of a 10-year bond issued with an 8% Coupon? The market rate premium is 5%. The bond par value is $1,000. Coupon payments are made semi-annually.

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