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1. A 17-year semi-annual coupon bond has a face value of $500,000 and coupon rate of 7.4 percent. The price of the bond is $481,090.
1. A 17-year semi-annual coupon bond has a face value of $500,000 and coupon rate of 7.4 percent. The price of the bond is $481,090. If the yield to maturity of this bond does not change during the li...
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