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A bond with 10 years to maturity has a face value of $1,000. The bond pays an 8% semiannual coupon, and the bond has a

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A bond with 10 years to maturity has a face value of $1,000. The bond pays an 8% semiannual coupon, and the bond has a 9% nominal yield to maturity. a. Draw a timeline showing the expected cash flows to the bondholder. Make sure you clearly identify the period and the associated cash flow. b. What is the current price for this bond? c. Assume two years have passed and the nominal yield to maturity for this bond is/will be 6%. What is/will be the price for the bond

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