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You intend to purchase a 10-year, $1,000 face value bond that has 12% coupon rate, paid semiannually. If your nominal annual required rate of return

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You intend to purchase a 10-year, $1,000 face value bond that has 12% coupon rate, paid semiannually. If your nominal annual required rate of return is 10 percent with semiannual compounding, how much should you be willing to pay for this bond? a. $ 826.31 b. $1,086.15 c. $ 957.50 d. $1,431.49 e. $1,124.62 4

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