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Mia wants to invest in Treasury bonds that have a par value of $20,000 and a coupon rate of 4.5%. The bonds have a 10-year maturity, and Mia requires a 6% return. How much should Mia pay for her bonds,
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Mia wants to invest in Treasury bonds that have a par value of $20,000 and a coupon rate of 4.5%. The bonds have a 10-year maturity, and Mia requires a 6% return. How much should Mia pay for her bonds, assuming interest is paid annually?

User Downstroy
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Answer:

*NOT THE ANSWER* but its how you get it

Step-by-step explanation:

Mia wants to invest in Treasury bonds that have a par value of $20,000 and a coupon-example-1
User Annia Martinez
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