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Rogoff Co.'s 12-year bonds have an annual coupon rate of 7.2%. Each bond has face value of R1057 and makes semi-annual interest payments. If you

Rogoff Co.'s 12-year bonds have an annual coupon rate of 7.2%. Each bond has face value of R1057 and makes semi-annual interest payments. If you require an 9.5% nominal yield to maturity on this investment. What is the maximum price you should be willing to pay for the bond? R

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