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A straight (a.k.a. bullet or vanilla) bond pays a 7% coupon, 15-year maturity with a par value of $1,000 paying semiannual coupon payments. a.Calculate the

A straight (a.k.a. bullet or vanilla) bond pays a 7% coupon, 15-year maturity with a par value of $1,000 paying semiannual coupon payments.

a.Calculate the Bond price, Yield to Maturity and Holding-Period Return, and explain what each calculation means.

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