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Calculate the price of a 1 0 - year maturity bond that pays annual 5 % coupons. The face value is $ 1 , 0

Calculate the price of a

10 -

year maturity bond that pays annual

5 %

coupons. The face value is $

1, 000

and the discount rate

(

.

.

YTM

)

5 % .

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