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a. A bond has a coupon rate of 7.65% paid semiannually. The maturity period is 12 years. If your required rate of return is 8.34%,
a. A bond has a coupon rate of 7.65% paid semiannually. The maturity period is 12 years. If your required rate of return is 8.34%, at what price do you like to buy this bond today? b. You bought a bond at the price of $990 with a coupon rate of 7.75% paid semiannually that matures in 30 years. If you keep the bond untill maturity, what is the YTM of this bond
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