Calculation on annual payments

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Calculation on annual payments

You are given the following data: A bond has a coupon rate of 7.225, the latest yield reported of 6.23 and 8 years to maturity. What is the price of the bond? A bond has a coupon rate of 6.95, the latest yield reported of 8.7 and 16 years to maturity. What is the price of this bond?

Reference no: EM131411894

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