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How much should you pay to buy a $10,000 face value semi-annual bond with an 8% per annum stated interest rate if the market rate is currently 12%

Daniel Kevins

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How much should you pay to buy a $10,000 face value semi-annual bond with an 8% per annum stated interest rate if the market rate is currently 12% (compounded semiannually) for bonds with comparable risk?

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Daniel Kevins

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