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QUESTION 3 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left

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QUESTION 3 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity; it is a $1,000 par value bond paying 8 percent interest semiannually. The market price of the bond is $850. Using this information, if you do not already own the bond, you will buy the bond. True False

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