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6. Valuing semiannual coupon bonds Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate

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6. Valuing semiannual coupon bonds Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate of 3% The yield to maturity (YTM) of the bond is 11.00%. Using this information and ignoring the other costs involved, calculate the value of the the $593,720.72$698,494.97$440,051.83$838,193.96 Based on your calculations and understanding of semiannual coupon bonds, complete the following statement: Assuming that interest rates remain constant, the T-note's price is expected to

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