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4 . A 1 0 - year US Government bond with face value of $ 1 , 0 0 0 pays a yearly coupon of

4. A 10-year US Government bond with face value of $1,000 pays a yearly coupon of 4.125%.
a. Calculate the present value of each coupon payment from year 1 to year 10.
b. If this bond sells today for $850(present value), what is the yield if there were no coupons?
c. What is the overall yield considering it also pays yearly coupons?

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