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How much should you pay for a bond with a $700 face value, a 5% coupon rate, and five years to maturity if your appropriate discount rate is 7% ands interest is paid annually?

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gwsurfside | 13:21 Thu 12th Jul 2007 | Business & Finance
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How much should you pay for a bond with a $700 face value, a 5% coupon rate, and five years to maturity if your appropriate discount rate is 7% ands interest is paid annually?
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How much should you pay for a bond with a $700 face value, a 5% coupon rate, and five years to maturity if your appropriate discount rate is 7% ands interest is paid annually?

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