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Posted on Jul 30, 2024

A bond with face value $ 6 0 0 and an annual coupon of $ 3 0 has a maturity of 1 2 years. If

A bond with face value $

600

and an annual coupon of $

30

has a maturity of

12

years. If the interest rates are

5 %

for every maturity, what is the price of the bond?

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