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A 25 year $100000 U.S. Treasury bond has a 10% coupon rate. How much should you pay for this bond to yield 5.5% annually? Assume
A 25 year $100000 U.S. Treasury bond has a 10% coupon rate. How much should you pay for this bond to yield 5.5% annually? Assume the coupon period is 6 months
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