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you are interested in investing in a five year bond that pays 6.8% coupon rate with interest to be received semiannually you're required rate of
you are interested in investing in a five year bond that pays 6.8% coupon rate with interest to be received semiannually you're required rate of return is 9.6%. What is the most he would be willing to pay for this bond? Assume face value is 1000.
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