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5. Parvez Inc. issued $1000 per bond five years ago. That time bond had 25 years' maturity and coupon payment was 12%. Suppose present day,

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5. Parvez Inc. issued $1000 per bond five years ago. That time bond had 25 years' maturity and coupon payment was 12%. Suppose present day, yield to maturity of these types of bonds is 18%. Compute the new price of bond based on Quarterly analysis

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