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A 20-year bond with a principal value of $1,000,000 was issued 5 years ago, has a coupon rate of 10% with interest paid semi-annually and

A 20-year bond with a principal value of $1,000,000 was issued 5 years ago, has a coupon rate of 10% with interest paid semi-annually and is priced at $100

a. Is the bond a capital market security or money market security?

b. What is the coupon rate of the bond?

c. What is the yield to maturity of the bond?

d. What would the current yield of the bond be if it was priced at $105?

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