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A) You bought a 10-year US bullet bond for $990 with a coupon rate of 4.3%/year. A) Is the market rate > or < than
A) You bought a 10-year US bullet bond for $990 with a coupon rate of 4.3%/year. A) Is the market rate > or < than 4.3%? B) Is the market rate a lot or a little > or < 4.3%?
B) You bought a US bond on January 25 that pays a coupon rate of 5%/year paid semiannually on January 1 and July 1. How much accrued interest did you pay to the seller?
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