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u decide to issue a bond with a total maturity value of $ 1 0 0 , 0 0 0 , 0 0 0 .

u decide to issue a bond with a total maturity value of $100,000,000. The first 50 percent of the bond matures in 5 years (i.e. you have to pay it back in 5 years). The other 50 percent matures in 10 years (i.e. you have to pay it back in 10 years). The coupon rate is 8 percent, and the interest payments are made semi-annually. What is the value of the bond if the interest rate on similar bonds is 4 percent?

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