What is the maximum price you would be willing to pay for a, Financial Management

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What is the maximum price you would be willing to pay for a

What is the maximum price you would be willing to pay for a bond with a 9% coupon (par value is $1,000 and interest is paid semiannually) if the bond has exactly eight years to maturity? The money you would use to purchase the bond is currently in a savings account that pays 8% compounded semiannually.

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Financial Management: What is the maximum price you would be willing to pay for a

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Financial Management: What is the maximum price you would be willing to pay for a

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