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What would you pay for a $155,000 debenture bond that matures in 15 years and pays $7,750 a year in interest if you wanted to

What would you pay for a $155,000 debenture bond that matures in 15 years and pays $7,750 a year in interest if you wanted to earn a yield of: Click here to view factor tables

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(a)

2%?

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