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ABC bond pays a 7% coupon quarterly and has 5 years remaining until maturity. What is the price if the yield to maturity is 6%

 ABC bond pays a 7% coupon quarterly and has 5 years remaining until maturity.

  1. What is the price if the yield to maturity is 6% and the bond price is calculated using quarterly compounding?

  1. What is the price of the bond if the bond price is calculated using continuous compounding and a 6% yield?

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