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  3. intro a bond has a face value of $1000 and makes a

Intro A bond has a face value of $1000 and makes annual coupon payments of...

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Intro A bond has a face value of $1000 and makes annual coupon payments of $80. (The first coupon is to be recieved 1 year from now.) Part 1 | Attempt 1/1 for 10 pts. If the annualized yield-to-maturity is 9%, the price of the bond will be Exactly $1,000 Less than $1,000 More than $1,000 Save

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