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A bond with a face value of $1,000 and a coupon rate of 6% pays interest semi-annually. If the bond matures in 5 years and

  • A bond with a face value of $1,000 and a coupon rate of 6% pays interest semi-annually. If the bond matures in 5 years and the market interest rate is 8%, calculate the bond's current yield, yield to maturity, and duration.
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