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Calculate the current price you would pay for bond

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Reference no: EM131706235

Using the following assumptions, calculate the current price you would pay for bond: the purchase date was 01/01/2000, the maturity date is 01.01/2010, the coupon rate is 5%, the yield rate is 10%, the redemption at par is 100%, and the payment frequency is 1.

Reference no: EM131706235

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