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Based on your calculations in part (a), determine whether the bond is trading at par, discount, or premium? Why? c) What's the relation between bond

Based on your calculations in part (a), determine whether the bond is trading at
par, discount, or premium? Why?
c) What's the relation between bond price and yield to maturity?
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Question 4: a) Consider ABC bond with a stated coupon rate of 10%. ABC bond pays interest to bondholders on semiannual basis and 3 years to maturity. The market's required yield to maturity for a similarly rated debt was 8%. What is the present value of this bond if the par value is $1000

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