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Consider a 5-year bond with a coupon rate of 4.5% (paid annually) and a yield to maturity of 5.2%. The face value is $1,000. a.
Consider a 5-year bond with a coupon rate of 4.5% (paid annually) and a yield to maturity of 5.2%. The face value is $1,000. a. Draw the timeline, showing all the cash flows that the bond will pay until maturity. B.Calculate the bond price.
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