Question: 4 A BOND WITH A FACE VALUE OF $1000 PAYS COUPON PAYMENT OF 8% QUARTERLY FOR 25 YEARS ed out of WHAT ARE YOU WILLING

4 A BOND WITH A FACE VALUE OF $1000 PAYS COUPON PAYMENT OF 8% QUARTERLY FOR 25 YEARS ed out of WHAT ARE YOU WILLING TO PAY FOR THIS BOND IF THE MARKET INTEREST IS 12%

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