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A bond having a face value of $ 1.000, a coupon rate of 10% and a maturity of 10 years issued by XYZ Corpo (a)

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A bond having a face value of $ 1.000, a coupon rate of 10% and a maturity of 10 years issued by XYZ Corpo (a) Immediately after the issue the market interest rate falls to 7% What is the market value of the bond now discount premium or par value bond? (b) if you can purchase the bond for 1,500 what would be the Yield to Maturity of the bord

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