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Consider a 10 year semiannual bond redeemable at par that yields a nominal annual rate of 8% compounded semannually. The bond has a face amount

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Consider a 10 year semiannual bond redeemable at par that yields a nominal annual rate of 8% compounded semannually. The bond has a face amount of 100 and an annual nominal coupon rate of 6%. Find the price of the bond. a

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