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Calculate the price of bond with FV of 1000$ ,a coupon rate of 10% (paid semi-annually) and 4 years to maturity when a. Kb =12%

Calculate the price of bond with FV of 1000$ ,a coupon rate of 10% (paid semi-annually) and 4 years to maturity when

a. Kb =12%

b. Kb = 10%

c. Kb = 8%

Price of bond:

a. ?

b. ?

c. ?

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