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1 . Firm Z issued 1 6 - year bonds 6 years ago at a coupon rate of 8 . 1 8 percent. The bonds
Firm Z issued year bonds years ago at a coupon rate of percent. The bonds make semiannual payments. If the YTM on these bonds is percent, what is the current bond price? Answer to two decimals.
Suppose the real rate is percent and the inflation rate is percent. What rate would you expect to earn on a Treasury bill? Use exact formula and answer in percent to two decimals.
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