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5.4 You have a 10 year bond with a face value of $1000. Assume that the yield to maturity is 12% and that the coupon
5.4 You have a 10 year bond with a face value of $1000. Assume that the yield to maturity is 12% and that the coupon rate is 8%. a. (5 points) What is the value of the bond if coupons are paid annually? b. (5 points) What is the value of the bond if coupons are paid semi-annually
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