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please and thank you.
Step By Step Solution Of The Following Please And Thank You 1 (13.16 KiB) Viewed 46 times
2. A Treasury bond has a face value of $1,000 and a coupon rate of 6% payable semiannually matures 5 years from now. The bond was purchased when the market rate was 8% for this bond. What amount was paid for the bond. 10pts
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