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Assume the interest rate in the market ( yield to maturity ) goes down to 8 percent for the 1 0 percent bonds. What is
Assume the interest rate in the market yield to maturity goes down to percent for the percent bonds. What is the bond price on a year, a year, and a year time period hint: par value $& pays annually
tableMaturity,Bond Price year,$
The question above has the "bond price" or answers already posted I just need help with step by step on how to get the answer. Thank you
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