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A Ford Motor Co. coupon bond has a coupon rate of 6.5% and pays annual coupons. The next coupon is due tomorrow and the bond
A Ford Motor Co. coupon bond has a coupon rate of 6.5% and pays annual coupons. The next coupon is due tomorrow and the bond matures 34 years from now. the yield on the bondis 6.05%, what price should the bond trade today assuming the face value si $1000
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