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Suppose that a ten-year maturity bond with $1,000 face value and 10% annual coupon is available for $800. You should buy this bond if your

Suppose that a ten-year maturity bond with $1,000 face value and 10% annual coupon is available for $800. You should buy this bond if your required rate for this type of bond is 14%? Hint: Do the math and price the bond! a. True b. False

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