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The fair value of a bond with a par value of 1000 BD and a Coupon payment of 100 BD and a maturity period of

The fair value of a bond with a par value of 1000 BD and a Coupon payment of 100 BD and a maturity period of 20 years and the interest is paid twice a year, the market interest rate = 8% is a. 1000 BD b. 1135.5 BD c. 1197.65 BD O d. 2194.3 BD

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