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Business, 11.03.2020 02:57 supiine295

Consider a bond (with par value = $1,000) paying a coupon rate of 9% per year semiannually when the market interest rate is only 6% per half-year. The bond has three years until maturity. Find the bond's price today and 6 months from now after the next coupon is paid. ?

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Consider a bond (with par value = $1,000) paying a coupon rate of 9% per year semiannually when the...
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