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a)What would be the price of a 10-year bond that with a face value of $1,000 with an 10 percent coupon rate, and the required

a)What would be the price of a 10-year bond that with a face value of $1,000 with an 10 percent coupon rate, and the required rate of 12 percent?. b) What would be the price if interest rates go down to 8 percent? (Please assume here that the interest is paid semi-annually)

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