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This is a question about bond valuation (finance/investment) Your organization is considering purchasing a general obligation term bond that makes semiannual interest payments. The bond

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This is a question about bond valuation (finance/investment)

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Your organization is considering purchasing a general obligation term bond that makes semiannual interest payments. The bond has a face value of $12,000, a coupon rate of 6.5%, and will reach its maturity in 15 years. If the current market interest rate is 6.25% and the bond is being offered at a price of $12,500, from a financial perspective, the organization should (select one): Q A. not purchase the bond 0 B. purchase the bond

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