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Explain the pricing of a bond in the primary and secondary markets. Assume the face value of the bond is $1000 with a 5% coupon paid semi-annually and a maturity of 2028. Question 1: The bond will be issued on June 1, 2023. What would be the most appropriate price of this bond in the primary market? Explain your answer thoroughly.

User SvenL
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Answer:

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Step-by-step explanation:

User Joshua Obritsch
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