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1. A $1,000 bond has a coupon of 6 percent and matures after 9 years. a) What would be the bonds price if comparable debt

1. A $1,000 bond has a coupon of 6 percent and matures after 9 years. a) What would be the bonds price if comparable debt yields 8 percent? b) What would be the price if comparable debt yields 8 percent and the bond matures after five years? c) Why are the prices different in a and b? d) What are the current yields and the yields to maturity in a and b

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