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show work plz 3. There is another bond issued by ABC firm. It is a 5-year 10% coupon bond with face value $400. The coupon

image text in transcribedshow work plz
3. There is another bond issued by ABC firm. It is a 5-year 10% coupon bond with face value $400. The coupon is paid every quarter. The discount rate for similar bonds is 8% What price are you willing to pay for the bond? 6 pts $ 432.70

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