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A $10,000 bond with a coupon rate of 5% is redeemable in twenty years. i. Calculate the purchase price when the yield rate is 5%

A $10,000 bond with a coupon rate of 5% is redeemable in twenty years. i. Calculate the purchase price when the yield rate is 5% compounded semi annually. (1 mark) ii. Calculate the purchase price an...

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