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(10 points) A 6% bond with semiannual coupons has a face amount of $70,000,000 and is issued on March 14, 1987. The bond has a

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(10 points) A 6% bond with semiannual coupons has a face amount of $70,000,000 and is issued on March 14, 1987. The bond has a maturity date of March 14, 2012. Given the following nominal annual yield rates complete the table. nominal annual yield rate Price of bond on issue date 5% 6% 14%

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