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TB 10-03 A 10-year bond pays 8% annual interest (paid... A 10-year bond pays 8% annual interest (paid semi-annually. If similar bonds are currently yielding

TB 10-03 A 10-year bond pays 8% annual interest (paid... A 10-year bond pays 8% annual interest (paid semi-annually. If similar bonds are currently yielding 6% annually, what is the market value of the bond? Multiple Choice $114877 $1,000.00 $1.147.20 $1.080.00

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