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You are interested in investing in a five-year bond that pays a 9.38 percent coupon rate with interest to be received semiannually. Your required rate
You are interested in investing in a five-year bond that pays a 9.38 percent coupon rate with interest to be received semiannually. Your required rate of return is 9.13 percent. What is the most you would be willing to pay for this bond?
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