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you are interested in investing in a five year bond that pays a 6.8% coupon rate with the interest to be received semiannually your required

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

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