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A 10-year, $20,000 bond has a coupon rate of 3.5%. Coupon payments are made twice per year. Find the price you would need to pay
A 10-year, $20,000 bond has a coupon rate of 3.5%. Coupon payments are made twice per year. Find the price you would need to pay for the bond to get a yield of 3.0%.
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