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Suppose a bond has a face value=1000 coupon rate=4%,mantuilty=15 years. 1. calculate par value with market rate=6% 2.calculate par value with market rate=2%

Suppose a bond has a face value=1000 coupon rate=4%,mantuilty=15 years.

1. calculate par value with market rate=6%

2.calculate par value with market rate=2%

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