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What is the market value of a bond that has a coupon rate of 10% (paid semi-annually) if there are 20 years to maturity? Assume
What is the market value of a bond that has a coupon rate of 10% (paid semi-annually) if there are 20 years to maturity? Assume the bond has a $1,000 face value and an 8% yield to maturity or required rate of return
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