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Your broker is offering a 20 year maturity, $1,000 par, 9% coupon bond that was issued10 years ago. If the market interest rate is 9%,

Your broker is offering a 20 year maturity, $1,000 par, 9% coupon bond that was issued10 years ago. If the market interest rate is 9%, what is the most you would pay for the bond? $829.16 $1,000.00 $1,299.03 $1,407.71 None of the above

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