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Thirteen years ago, you purchased a bond with a 2 0 - year maturity, a $ 1 , 0 0 0 par value, a 1

Thirteen years ago, you purchased a bond with a 20-year maturity, a $1,000 par value, a 10% nominal coupon rate, with semi-annual coupon payments. The economy interest rate is currently 3% per half year. The first payment is due immediately, and there are 7 more years of semi-annual payments remaining.

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