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solve problem, show equation and process. NO EXCEL Assume that you wish to purchase a 10-year bond that has a maturity value of $1,000 and

solve problem, show equation and process. NO EXCEL
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Assume that you wish to purchase a 10-year bond that has a maturity value of $1,000 and a coupon rate of 9%. Interest is paid semiannually. If you require a 10 percent yield to maturity on this investment, what is the price you should be willing to pay for the bond

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