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5. Consider a bond with a maturity of eight years, a face value of $1,000, and a coupon rate of 5%; coupon payments are annual.

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5. Consider a bond with a maturity of eight years, a face value of $1,000, and a coupon rate of 5%; coupon payments are annual. a. Calculate the price of the bond if the bond's yield is 5%. b. Calculate the price of the bond if the bond's yield is 2%. c. Calculate the price of the bond if the bond's yield is 8%

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