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Consider a 5-year bond with semiannual coupons of $4 each and a face value of $100. If the interest rate is 9% compounded semiannually, what
Consider a 5-year bond with semiannual coupons of $4 each and a face value of $100. If the interest rate is 9% compounded semiannually, what is the price of that bond? (Show timeline if necessary)
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