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with semiannual coupons that will the 8th coupon of $46, you sell sued $1,000 face value 10-year bond 1 You own a $1,000 face value

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with semiannual coupons that will the 8th coupon of $46, you sell sued $1,000 face value 10-year bond 1 You own a $1,000 face value 10-year bond with semiannual com mature in 6 years. Immediately after receiving the 8th coupon of $46 the bond and purchase another newly issued $1,000 face value 10. with semiannual coupons of $47.5 each. Given that the prevailing me interest rate is (2) = 9% and the bond you originally owned is redeemable at 104%, find the redemption value of the new bond that you purchase

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