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You are considering a 20-year, $1,000 par value bond. Its coupon rate is 10.5090, dilu interest is paid semiannually. If you require an effective annual

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You are considering a 20-year, $1,000 par value bond. Its coupon rate is 10.5090, dilu interest is paid semiannually. If you require an "effective" annual interest rate of 11.60%, how much should you be willing to pay for the bond? 5915.73 e 3: $1,000.00 OOOOO $938 87 Le 41 $938.42 $915 12

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