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Business, 03.02.2020 23:49 shelbysargent11

Mary wants to purchase a 20-year bond that has a par value of $1,000 and makes semiannual interest payments of $40. if her required yield to maturity is 10%, which of the following is closest to how much should mary be willing to pay for the bond? a. $902
b. $925
c. $1000
d. $828

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