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Your broker offers to sell you a Sasha Chip Bond for $1150. The bond has a coupon rate of 3%, semiannual interest payments, and a

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Your broker offers to sell you a Sasha Chip Bond for $1150. The bond has a coupon rate of 3%, semiannual interest payments, and a maturity of 9 years. Given that the interest rate on comparable debt is 2.5% is your broker fairly pricing the bond? (Find the bond price today). Yes, the bond value today

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