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  3. 1 1. you are interested in purchasing a corporate

1 1. You are interested in purchasing a corporate bond with a face value of...

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1 1. You are interested in purchasing a corporate bond with a face value of $1,000. The bond pays a coupon payment of $50 every 6 months, 2. there are 8 years left to maturity, and the market rate of interest is 6%. What is the price of the bond today

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