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QUESTION 3 You intend to purchase a 10-year. $1.000 face value bond that pays interest of $40 every 6 months. If your simple attual required

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QUESTION 3 You intend to purchase a 10-year. $1.000 face value bond that pays interest of $40 every 6 months. If your simple attual required rate of return in 14 percent with somiannual compounding, low much should you be willing to pay for this bond? 5682.18 51086.15 595750 3143149

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