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3) There is a goverment bond that pays 16 annual coupon interest however the payments are semi- annually. The maturity of this bond is 6

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3) There is a goverment bond that pays 16 annual coupon interest however the payments are semi- annually. The maturity of this bond is 6 years and the par valueis 100 TL. Find the price of this bond when market interest rate is %12 ? Explain briefly the relationship between bond prices and bond yields

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