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3. Someone buys a 5 year government treasury bond at $Pt a. b. c. Can the price be above face value? Why? Can the price

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3. Someone buys a 5 year government treasury bond at $Pt a. b. c. Can the price be above face value? Why? Can the price be below face value? Why? If he/she wants to sell it after 2 years, will he/she makes a positive rate of return or negative rate of return? Explain

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