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A semi annual paying bond pays 6% coupon and matures in five years. it was originally issued 13 years ago by a firm in the
A semi annual paying bond pays 6% coupon and matures in five years. it was originally issued 13 years ago by a firm in the healthcare industry. If a similar risk company in the same industry just issued a bond with a coupon of 10%, what is your best estimate of the current price (AS A % OF PAR) of the 6% coupon bond?
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