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Question 1 - Bond valuation with semi-annual coupon payments [2 points]: You intend to purchase a 10-year, $1,000 face value bond with a coupon rate of 12%, paid semiannually. If your required rate of return is 10 percent, how much should you be willing to pay for this bond?

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Keith Leannon
Keith LeannonLv2
28 Sep 2019

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