What is its price if the yield-to-maturity

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Consider a bond with a coupon rate of 5%, face value $100,000 and twenty year maturity.

a) What is its price if the yield-to-maturity is 5%? What about 6%? 4%? Calculate these as explained in #17, or use the bond formula in the Lecture Notes.

b) Repeat the three parts of a) but for a thirty-year maturity.

Reference no: EM131647437

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