What is the market value of a bond that will pay a total of 40...
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What is the market value of a bond that will pay a total of 40 semi-annual coupons of $50 per period, over the remainder of its life? Assume the bond has a $1,000 face value and an 14% yield to maturity.{Remember the par value is paid at the end} A. $733.36 B. $849.54 C. $1,145.90 D. $1,186.93 E. $1,235.62
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