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8. Calculate the price of a bond which has 10 years to maturity, pays a coupon of S60 every six months, and has a face

8. Calculate the price of a bond which has 10 years to maturity, pays a coupon of S60 every six months, and has a face value of $1,000. Assume the quoted yield to maturity is 8% per year, compounded semi-annually

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