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3) I try to calculate the price of a 2-year 9% quarterly coupon bond if the required rate of return (discount rate) is 6%. a)

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3) I try to calculate the price of a 2-year 9% quarterly coupon bond if the required rate of return (discount rate) is 6%. a) Show the problem in time line and in equation form. What is the current bond price? b) Is this bond sold at a discount, premium or par? Explain

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