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QUESTION 1 You own a bond with a 5% coupon rate and $1,000 par value. Assume payments are made semi-annually and the bond matures in

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QUESTION 1 You own a bond with a 5% coupon rate and $1,000 par value. Assume payments are made semi-annually and the bond matures in 20 years. The annual market interest rate is 9% percent. Calculate the value of the bond $739.84 $634.86 $1065.04 $631.97

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