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Question 7 2 pts A 15-year, $1,000 par value bond carries a 6.50 percent coupon rate. The bond pays coupons annually and has a market

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Question 7 2 pts A 15-year, $1,000 par value bond carries a 6.50 percent coupon rate. The bond pays coupons annually and has a market price of $1,055. Assume the required rate of return of potential investors is 8.50 percent. Given investors' required rate of return, what is the market value they are willing to pay

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