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QUESTION 2 A coupon bond that pays Interest quarterly has a par value of $1000, matures in 4 years, and has a yield to maturity

QUESTION 2 "A coupon bond that pays Interest quarterly has a par value of $1000, matures in 4 years, and has a yield to maturity of 15%. If the coupon rate is 8%, the value of the bond today will be Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer." 10 points Save

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