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Question 5 ( 1 point ) MARR = 1 0 % . You purchase a coupon bond for $ 6 1 5 5 . It

Question 5(1 point)
MARR =10%. You purchase a coupon bond for $6155. It has a face value of $10,000 and pays annual coupons. The coupon rate is 4% and originally had a 30-year maturity. The first payment will be paid immediately after you purchase the bond. The bond then makes coupon payments for the next 20 years until it matures. The coupon rate is 4%. The IRR is between
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