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Assume that a long term government bond has 6 years left to maturity. The bond pays 7% coupon payments per semi-annum and yield to maturity
Assume that a long term government bond has 6 years left to maturity. The bond pays 7% coupon payments per semi-annum and yield to maturity is set as 10%. What should be the value of this bond today?
Select one:
a. 914.22
b. 752.6
c. 867.05
d. 1023.57
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