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Consider a coupon bond making semi-annual payments. The bond has a face value of $1,000 and pays a coupon rate of 5%. a Complete the
Consider a coupon bond making semi-annual payments. The bond has a face value of $1,000 and pays a coupon rate of 5%. a Complete the following table. Years to maturity Yield to maturity Current price 3 3% 3 5% 5 4% 5 6% 7 5% 7 7% b Based on the table in part (a), what relationships do you observe between years to maturity, yield to maturity and the current price
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