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5. (10 marks) A bond with par value $1000 sells for $1200 at a certain fixed yield rate. If the bond's coupon rate were halved,

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5. (10 marks) A bond with par value $1000 sells for $1200 at a certain fixed yield rate. If the bond's coupon rate were halved, the price would be $900. Then if the bond's coupon rate were doubled, find the new price of the bond

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