Estimate the value of a just-issued 20-year government bond with an 8% coupon rate if interest rates are at 9%. How much will this value change if interest rates go up by 2%? If they go down by 2%? (Coupons are paid semi-annually.)

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Stie cineva cati ani poti fii director de sa imi specificati si legea va rog

Francine, a college freshman, has agreed to participate in a psychology research study. before she begins her participation, she reads a statement written by the researcher explaining the purpose of the research and the potential risks of participation. it also explains that francine is free to withdraw from the research at any time. in providing francine with this statement, the researcher has followed the ethical guidelines of for participants.