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a. Calculate the present value of a 6 year bond with a 9% coupon. The interest rate is 12% b. A 4 years bond with

a. Calculate the present value of a 6 year bond with a 9% coupon. The interest rate is 12%

b. A 4 years bond with a 14% coupon can be bought for $1,200. What is the yield to maturity?

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