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You have funds that you want to invest in bonde, und you just noticed in the financial pages of the local newspaper that you can

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You have funds that you want to invest in bonde, und you just noticed in the financial pages of the local newspaper that you can buy a $1,000 par valoe bond for $800. The coupon rate is 10% (with annual payment and there are 10 years before the bond will mature and pay of its $1,000 per value. You should buy the fond if your required refum on bonds with this risk is 10% True Rae

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