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How much should an investor be willing to pay for a bond that has a $1000...

How much should an investor be willing to pay for a bond that has a $1000 par value, an 8% coupon paid semiannually, and 20 years remaining until maturity, if the investors require a 10% return on the investment?

Options are:

A. $828.41

B. $909.09

C. $981.82

D. $1000

E. $1180.12

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