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(a) Calculate the price of a bond with the following terms: 2 years-to-maturity Semi-annual coupons with a coupon rate of 5% Face value of $100.

(a) Calculate the price of a bond with the following terms:

2 years-to-maturity

Semi-annual coupons with a coupon rate of 5%

Face value of $100.

(b) What is the yield-to-maturity of the bond from the previous part? (use Excel or any

mathematical solver for this question)

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