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6. Assume the following HFC corporate bond trades on the GSE has a face value of GH1000 Bond Current yield Volume Close Net change HFC

6. Assume the following HFC corporate bond trades on the GSE has a face value of GH1000

Bond Current yield Volume Close Net change

HFC 9s29 ? 500 105 -

a. How much does this bond pay every six months in Ghana cedis?

b. What is the close quote in cedis?

c. In what year does the bond mature?

d. Calculate the current yield of the bond

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