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An investor just purchased a 10-year, $1,000 par value bond. the coupon rate on this bond is 8 percent annually, with interest being paid every 6 months. if the investor expects to earn a 10 percent simple rate of return on this bond, how much should she pay for it? (round the answer to two decimal places.)v

User Dmfrey
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i think it is $875.38

User Mohanasundar
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