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7) A bond with a face value of 1,000 has a maturity of 10 years, and bi-monthly coupon payments of 10. The bond matures three

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7) A bond with a face value of 1,000 has a maturity of 10 years, and bi-monthly coupon payments of 10. The bond matures three years and 4 months from today and you have just received a coupon payment. The yield to maturity is 6.2%. The bond trades: b) with a discount; b) at par; c) with a premium; d) We do not have enough information. P=YTMC[1(1+YTM1)N]+(1+YTM)NFV=120,06220(1(1.0621)40)+1,06241000

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