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Suppose a bond with no expiration date has a face value of $10,000 and annually pays a xed amount of interest of $800. Compute and
Suppose a bond with no expiration date has a face value of $10,000 and annually pays a xed amount of interest of $800. Compute and enter in the spaces provided in the table below either the interest rate that the band would yield to a bond buyer at each of the bond prices listed or the bond price at each of the interest yields shown. Instructions: For bond prices, round to the nearest dollar. For interest rate, round your answer up to two decimal places. 01:43:53 Shipped What generalization can be drawn from the completed table? Bpnd price and interest rate are net related. Bond price and interest rate are directly related. Bend price and interest rate are inversely related. There is insufficient data to make a generalization
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