Question: Question 1:Bonds Valuation and Duration (30 points) Ray Co's bonds, maturing in 3 years, pay 8 percent interest on a $1,000 face value. Interest is

Question 1:Bonds Valuation and Duration (30 points) Ray Co's bonds, maturing in 3 years, pay 8 percent interest on a $1,000 face value. Interest is paid once per year. If your required rate of return ...

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