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A bond offers a coupon rate of 4%, paid annually, and has a maturity of 15 years. Face value is $1,000. If the current market

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A bond offers a coupon rate of 4%, paid annually, and has a maturity of 15 years. Face value is $1,000. If the current market yield is 3% (discount rate), what should be the price of this bond? Enter your answer in terms of dollars and cents, rounded to 2 decimals, and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 127.57 Question 19 10 pts A bond offers a coupon rate of 4%, paid annually, and has a maturity of 18 years. The current market yield is 11%. Face value is $1,000. If market conditions remain unchanged, what should the price of the bond be in 1 year? Assume the market yield remains unchanged. Enter your answer in terms of dollars and cents, rounded to 2 decimals, and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 127.57

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