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. Consider a(n) Five-year, 11 percent annual coupon bond with a face value of $1,000. The bond is trading at a rate of 8 percent.

. Consider a(n) Five-year, 11 percent annual coupon bond with a face value of $1,000. The bond is trading at a rate of 8 percent. a. What is the price of the bond? b. If the rate of interest increas...

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