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QUESTION 5 "A coupon bond that pays interest quarterly has a par value of $1000,...

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Accounting

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QUESTION 5 "A coupon bond that pays interest quarterly has a par value of $1000, matures in 5 years, and has a yield to maturity of 16%. If the coupon rate is 10%, the value of the bond today will be Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an

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