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Value a 20-yr, non-callable bond that pays coupons of 8% assuming market interest rates are 3% Answers: $989 $1,748 $1,000 $1,455 $802

Value a 20-yr, non-callable bond that pays coupons of 8% assuming market interest rates are 3%

Answers:

$989

$1,748

$1,000

$1,455

$802

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