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Question 18 3pts Jackson wants to cam a return of 10%. but the bond being considered for purchase offers coupon rate of 700%. A assume

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Question 18 3pts Jackson wants to cam a return of 10%. but the bond being considered for purchase offers coupon rate of 700%. A assume that the bond pas seminterest pryments and has three years to maturity. If you round the band's intride value to the nearest whole darthen its into so that the bond is trading st 1,201.par 3000

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