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3. What is the price of a bond with a par value of $10,000 and a coupon rate of 3% payable every 6 months? The
3. What is the price of a bond with a par value of $10,000 and a coupon rate of 3% payable every 6 months? The bond matures in 15 years and is priced to yield 4.10%. How much money in total that you made in 15 years if you purchase this bond?
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