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Mathematics, 30.09.2019 01:30 kaffolter25

You have just purchased a 10-year, $1,000 par value bond. the coupon rate on this bond is 8 percent annually, with interest being paid each 6 months. if you expect to earn a 10 percent simple rate of return on this bond, how much did you pay for it?

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You have just purchased a 10-year, $1,000 par value bond. the coupon rate on this bond is 8 percent...
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