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Question 4 of 5 An investor bought a $8,500 bond with a coupon rate of 5% compounded semi- annually. At the time of purchase, the

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Question 4 of 5 An investor bought a $8,500 bond with a coupon rate of 5% compounded semi- annually. At the time of purchase, the bond had a yield rate of 4.3% and ten years until maturity. Three years later, the investor sold the bond when the yield to maturity was 5.4%. a. At what price did the investor purchase the bond? $0.00 Round to the nearest cent

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