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Question 12 6.5 pts Consider a bond with annual coupon rate of 8 percent. The par value is $1,000, and the bond has 8 years

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Question 12 6.5 pts Consider a bond with annual coupon rate of 8 percent. The par value is $1,000, and the bond has 8 years to maturity. The current market discount rate is 10%. What is the value of the bond? 803.97 893.3 759.3 982.63 848.63

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