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  3. 5) a bond with semi-annual coupon payments of $110

5) A bond with semi-annual coupon payments of $1100 has 5 years to maturity and...

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Accounting

5) A bond with semi-annual coupon payments of $1100 has 5 years to maturity and a yield to maturity of 8%. If the price of this bond is $18202.61, what is its face value?

A) $27,000 B) $61,838 C) $60,632 D) $32,821 E) $20,467.

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