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Assume that you are interested in buying a 5-year bond with a 10% semiannual coupon. If you require a yield-to-maturity of 12%. The price you
Assume that you are interested in buying a 5-year bond with a 10% semiannual coupon. If you require a yield-to-maturity of 12%. The price you are willing to pay is _____, and a "current yield " of __________?....... a. $957.88, 9.54% b. $604.48, 6.00% c. $926.40, 5.40% d. $1,294.40, 10.71%
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