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You would like to purchase a 10% coupon bond (annual coupon payments) with a required rate of return equal to 9%. If the bond matures

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You would like to purchase a 10% coupon bond (annual coupon payments) with a required rate of return equal to 9%. If the bond matures in exactly 5 years, what is the correct price for the bond? $962.09$1.000.00$1038.90 Cannot be determined from the information given

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