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A corporation buys $100 million (par value) of a 7-year coupon bond that pays a 6.00% semi-annual coupon at P. Assume that the term structure

A corporation buys $100 million (par value) of a 7-year coupon bond that pays a 6.00% semi-annual coupon at P. Assume that the term structure of the interest rates is flat at the continuously compound...

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