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3. Price the following bonds at discount rates of 10% and 15%. Each bond's face/par value is $1,000. a. 1 year, 10% coupon bond b.
3. Price the following bonds at discount rates of 10% and 15%. Each bond's face/par value is $1,000.
a. 1 year, 10% coupon bond
b. 30 year, 10% coupon bond
c. 2 year, zero coupon bond
d. 2 year, 20% coupon bond
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