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Question 8 10 pts A pension fund aims to invest in a bond with face value of $1,000 and fixed annual coupon payments of $45.00.

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Question 8 10 pts A pension fund aims to invest in a bond with face value of $1,000 and fixed annual coupon payments of $45.00. If the bond has 10 years to maturity, how much should the pension fund be willing to pay for the bond if it aims to earn a yield-to- maturity of 4.3%? $1,015.98 $1.236.32 $1.057.75 $1.001.63 Previous Next

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