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An XYZ April 2045 bond with a 9.75 percent coupon interest rate and a par value of $1,000 recently had a price of 102.575 Calculate
- An XYZ April 2045 bond with a 9.75 percent coupon interest rate and a par value of $1,000 recently had a price of 102.575
Calculate the following:
- When will the bond mature?
- How much would you have to pay to purchase this bond?
- What is the current yield, assuming a price of 102.52?
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