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6. You have just purchased a 10-year, $1,000 par value bond. The coupon rate on this bond is 8 percent annually, with interest being paid each 6 months. If you expect to earn a 10 percent simple rate of return on this bond, how much did you pay for it?a. $1,122.87b. $1,003.42c. $875.38d. $950.75e. $812.15

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