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What is the value of a 5-year 10% coupon bond with face value of $1000 if the yield is 4% per year? Assume that coupon
What is the value of a 5-year 10% coupon bond with face value of $1000 if the yield is 4% per year? Assume that coupon payments are semi-annual. Round off to two digits after the decimal point. (i.e. "x.xx")
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