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What is the price of a five percent coupon bond

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Reference no: EM132547833

Question 1: Using semi-annual compounding, what is the price of a 5 percent coupon bond with 10 years left to maturity and a market interest rate of 7.2 percent? Assume that interest payments are paid semi-annually and that par value is $1000.

Reference no: EM132547833

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