Calculate the market value of this bond if investors are
A bond with a maturity of 5 years, has a face value of $1,000,000 and a coupon rate of 5% per year paid annually. Calculate the market value of this bond if investors are expecting a yield of 3% per year.
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a bond with a maturity of 5 years has a face value of 1000000 and a coupon rate of 5 per year paid annually calculate
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