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Consider a bond with time to maturity of 9 years under a face value of Kshs. 100. The bond pays semiannual coupon at the rate

Consider a bond with time to maturity of 9 years under a face value of Kshs. 100. The bond pays semiannual coupon at the rate of 8% per annum. The yield in the market is 10% Using Excel i.e. present v...

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