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Suppose you bought Kaira system's 15 years bond that had a $1000 par value and 8% annual coupon rate. Interest is paid semi-annually. If the

Suppose you bought Kaira system's 15 years bond that had a $1000 par value and 8% annual coupon rate. Interest is paid semi-annually. If the market interest rate is 10% at what price would the bond be...

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