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A bond is quoted at 99.25% with a 5% coupon in the financial press: a. What is the current price of the bond? b. What

A bond is quoted at 99.25% with a 5% coupon in the financial press: a. What is the current price of the bond? b. What is the amount of coupons paid annually? Semiannually? Based on the given information, is the YTM greater than or less than 5%? c

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