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  3. a bond with a face value of 1 000 matures in 20 ye

A bond with a face value of 1 000 matures in 20 years pays interest...

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A bond with a face value of 1 000 matures in 20 years pays interest semi annually and has a yield to maturity of 9 percent What is the current market price of the bond if the coupon rate is 12

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