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uation) Bank ot America has bonds that pay a 6.5 percent coupon -14. (Bond val interest rate and mature in 5 years. If an investor

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uation) Bank ot America has bonds that pay a 6.5 percent coupon -14. (Bond val interest rate and mature in 5 years. If an investor has a 4.3 percent required rate of return, what should she be willing to pay for the bond? What happens if she pays more or less than this amount

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