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step by step solution of the following: please and thank you. 2. A Treasury bond has a face value of $1,000 and a coupon rate

step by step solution of the following:
please and thank you.
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2. A Treasury bond has a face value of $1,000 and a coupon rate of 6% payable semiannually matures 5 years from now. The bond was purchased when the market rate was 8% for this bond. What amount was paid for the bond. 10pts

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