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A $1,000 bond has a coupon rate of 4 percent and matures after 10 years. A. what isthe current price of the bond if the
A $1,000 bond has a coupon rate of 4 percent and matures after 10 years. A. what isthe current price of the bond if the comparable rate interest is 4 percent? B) What is the current price of the bond if the comparable rate of interest is6 percent? C) what arethe current yields givens the prices determined in part (a) and (b)? D) why are the prices in (a) and (b) and the current yields in (c) different?
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