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A $1000 par value bond with 3 years to maturity has a coupon rate of 6% pa paid annually. compute the bond price if the
A $1000 par value bond with 3 years to maturity has a coupon rate of 6% pa paid annually. compute the bond price if the interest rate (compounded semi annually) are 7%, 8% and 9% respectively for year 1, 2 and 3.
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