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Assume that you are considering the purchase of a 1 2 - year bond with an annual coupon rate of 3 . 5 % .
Assume that you are considering the purchase of a year bond with an annual coupon rate of The bond has face value of $ and makes semiannual interest payments. If you require an nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond? a b c d
Assume that you are considering the purchase of a year bond with an annual coupon rate of The bond has face value of $ and makes semiannual interest payments. If you require an nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond?
a
b
c
d
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