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A bond sells for $900 and offers a coupon yield of 7.2%. What is the bonds annual coupon payment? A $1000 par value bond pays
A bond sells for $900 and offers a coupon yield of 7.2%. What is the bonds annual coupon payment?
A $1000 par value bond pays a copun rate of 8.2%. The bond makes semiannual payments, and it matures in four years. If investors require a 10% return on this investment, what is the bonds price?
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