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An 8% $200,000 bond has exactly 9 years to maturity and pays semi-annually. What is the price of the bond if the yield is

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An 8% $200,000 bond has exactly 9 years to maturity and pays semi-annually. What is the price of the bond if the yield is 9.18% pa? Give your answer to two decimal places and no $ sign

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Heres how to find the price of the bond 1 Calculate the semiannual coupon payment Coupon rate 8 Face ... blur-text-image

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