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What is the value of a bond that has a coupon rate of 1 percent, paid semi-annually, 9 years to maturity, and a face value
What is the value of a bond that has a coupon rate of 1 percent, paid semi-annually, 9 years to maturity, and a face value of 100, if it is priced to yield 4 percent? Report your answer to the nearest cent (e.g. 12.34)
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