Question: (3) A bond ( A bond with seven years left to maturity has a coupon rate of 6% and a face value on How much

(3) A bond ( A bond with seven years left to

(3) A bond ( A bond with seven years left to maturity has a coupon rate of 6% and a face value on How much will you be willing to pay for the bond if your required rate of return is 7701

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