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What is the fair market value of a bond with the following features: (a) par value of $1000, (b) coupon payment of $50, and (c)

What is the fair market value of a bond with the following features: (a) par value of $1000, (b) coupon payment of $50, and (c) 10- year maturity? Assume that current interest rates are 4% $1110.00 $1000.00 $1081.10. $917.00

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