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2) What is the maximum price of a fixed-coupon bond paying every three months with a coupon rate of 8 percent, interest rate of 15
2) What is the maximum price of a fixed-coupon bond paying every three months with a coupon rate of 8 percent, interest rate of 15 percent, and a maturity of five years. (15 points) 3) What is the coupon rate of a consol bought at 800 USD knowing that interest rate is 10 percent? (10 points)
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