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Business, 06.11.2020 16:50 singletaryshawp31cmx

Assume Alice is considering buying the bond described below: Years to maturity = 10 Par value = $1,000 Annual coupon rate = 8 percent annually, with interest being paid every 6 months. If Alice expects to earn a 10 percent rate of return on this bond, the most she should pay for the bond is closest to

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Assume Alice is considering buying the bond described below: Years to maturity = 10 Par value = $1,0...
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