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You are eyeing an investment in a corporate bond which has a required return ( r_b ) of 3.08%, and a coupon rate of 2.04%

You are eyeing an investment in a corporate bond which has a required return ( r_b ) of 3.08%, and a coupon rate of 2.04% with a maturity of 100 years. What is the value ( V_b ) of this bond assuming semi-annual compounding?

I%=

PV=

PMT=

FV=

C/Y=1

P/Y=1

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