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APPL has 2 5 year 5 % semi - annuall coupon bond. If your required rate of return ( YTM ) is 6 . 5

APPL has

25

year

5 %

semi

-

annuall coupon bond. If your required rate of return

(

YTM

)

6.5 %,

what is the price of this bond?

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