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As US treasury has a semi-annual coupon of 5% and matures in 20 years. The yield to maturity is 7%. Assume USD 10 million as
As US treasury has a semi-annual coupon of 5% and matures in 20 years. The yield to maturity is 7%. Assume USD 10 million as the face or maturity value.
Calculate the present value of the coupons
Calculate the present value of the maturity value
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