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calculate the price of a 5 - year bond with a 7 % anual coupon rate that pays interest payments semi - annually ( starting

calculate the price of a

5 -

year bond with a

7 %

anual coupon rate that pays interest payments semi

-

annually

(

starting six month.s from today

) .

The par value of the bond is $

1000 .

Assume the discount rate is

10 %

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