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Below is Figure 1 4 . 3 in the textbook. It shows how the price of a bond changes with interest rate. The bond has

Below is Figure

14.3

in the textbook. It shows how the price of a bond changes with

interest rate. The bond has

30

years until maturity and pays semiannual coupon. What is the

coupon rate of this bond? Reproduce this chart by using Excel.

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