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2) An investor who is considering purchasing a bond issued in 2017, with a nominal value of TL 1000, with a coupon rate of 29%
2) An investor who is considering purchasing a bond issued in 2017, with a nominal value of TL 1000, with a coupon rate of 29% on July 8 every year, with a maturity of 8 years, on September 9, 2021, wants to earn 15% from this bond. According to this; a) Using the accrued interest approach, on a simple interest basis, find at what price he should buy this bond. b) Using the yield-to-maturity approach, on a simple interest basis, find at what price he should buy this bond. c) Using the accrued interest approach, find at what price he should buy this bond, based on compound interest. d) Using the yield-to-maturity approach, find at what price he should buy this bond based on compound interest
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