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3. If a bond has a yield to maturity of 7.0%, a coupon rate of 8.0% (paid semi-annually). 4 years to maturity and a par

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3. If a bond has a yield to maturity of 7.0%, a coupon rate of 8.0% (paid semi-annually). 4 years to maturity and a par value of $1000, find its current yield? 4. A bond is price at $1200 with a par value of 1000. It pays coupons semiannually and 8 years until maturity. The yield to maturity is 8%. Find the annual coupon payment

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