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A bond with 1 years left to maturity pays a semi-annual coupon rate of 7% a face value of $1000. The price of $981.
A bond with 1 ½ years left to maturity pays a semi-annual coupon rate of 7% a face value of $1000. The price of $981. The 6-month, 9-month, 12-month, 15-month and 18-month risk free rates are 7.4%, 7...
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