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3. Answer parts (a)-(e) for bonds A and B assume each bond pays interest semiannually). calculator prompts (I will not accept answers using original formulare

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3. Answer parts (a)-(e) for bonds A and B assume each bond pays interest semiannually). calculator prompts (I will not accept answers using original formulare Bond B Bond A Coupon 9% Yield to maturity 8% 8% Maturity (years) Par $100.00 $100.00 Price $100.00 $104.055 8% (a) What is the price value of a basis point for bonds A and B per 100 (b) Compute the Macaulay durations for the two bonds (Show work complete

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