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QUESTION 9 Consider the following Nestle Inc bond: maturity: 10 years, coupon rate: 8% (paid semi-annually), face value: $1000. Your investment advisor has told you

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QUESTION 9 Consider the following Nestle Inc bond: maturity: 10 years, coupon rate: 8% (paid semi-annually), face value: $1000. Your investment advisor has told you that the yield- to-maturity on this bond is 8.5%. What should be the price of this bond

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