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

You have funds that you want to invest in bonds, and you just noticed in the financial pages of the local newspaper that you can buy a 1,000 par value bond for $800.The coupon rate is 10%(with annual payments), and there are 10 years before the bond will mature and pay off its $1,000 par value. You should buy the bond if your required return on bonds with this risk is 12% true or false

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