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Assume that you are interested in purchasing a 5-year bond with a semi-annual 10% coupon. If you require a yield (Yield-to-Maturity) of 11.12%. The price
Assume that you are interested in purchasing a 5-year bond with a semi-annual 10% coupon. If you require a yield (Yield-to-Maturity) of 11.12%. The price you are willing to pay is
$ 957.88
$ 604.48
$ 926.40
$ 826.40
$ 1,294.40
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