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QUESTION 19 Faye is considering purchasing a bond that pays semi-annual coupons at a rate of 8 percent and matures in 15 years. If the

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QUESTION 19 Faye is considering purchasing a bond that pays semi-annual coupons at a rate of 8 percent and matures in 15 years. If the YTM on this bond is 10 percent how much should Faye pay for this bond if she purchases the bond today? $5.005.18 $1,301.44 $1.152.47 $862.01 5846.28

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