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1. Suppose a 8-year bond has a face value of $1,000 and has a semi-annual YTM of 0.063. It pays semi-annual coupons of 8%. What
1. Suppose a 8-year bond has a face value of $1,000 and has a semi-annual YTM of 0.063. It pays semi-annual coupons of 8%. What is the bonds price
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