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Calculate the price of a zero coupon bond that matures in 18 years if the market interest rate is 5.5 percent. Assume par value of

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Calculate the price of a zero coupon bond that matures in 18 years if the market interest rate is 5.5 percent. Assume par value of $2,000 and semiannual compounding. Round your answer to two decimal places and enter with out any sign. For a bond selling at Par Value, the Coupon Rate = Yield to Maturity. True or False? True False A 7.60 percent coupon bond with 20 years left to maturity is offered for sale at $1,075. Assume par value is $1,000 and interest payments are semiannual. The Current Yield of this bond is 7.07% (rounded to two decimal places). True or False? True False

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