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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

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 value is 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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