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You are consldering a 10-year, $1,000 par value bond, Its coupon rate is 10%, and interest is pald semiannually. The data has been collected in

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You are consldering a 10-year, $1,000 par value bond, Its coupon rate is 10%, and interest is pald semiannually. The data has been collected in the Microsort Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. If you require an "effective" annual interest rate (not a nominal rate) of 9.95%, how much should you be wiling to pay for the bond? Do not round intermediate steps. Round your answer to the nearest cent

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