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QUESTION 2 Twenty-five years ago, UTRG Corporation's 5% coupon rate bond was issued with a maturity of 40 years at a par value of $1,000.

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QUESTION 2 Twenty-five years ago, UTRG Corporation's 5% coupon rate bond was issued with a maturity of 40 years at a par value of $1,000. Today's interest rate is 5%, what is it selling for today? $1,000.00 $1,150.00 $955.60 $988.00

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