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Consider the following bonds each of which is redeemable at par, pays semi-annual coupons, and has an yield rate of 6.8% compounded semi-annually. Suppose that

Consider the following bonds each of which is redeemable at par, pays semi-annual coupons, and has an yield rate of 6.8% compounded semi-annually. Suppose that a portfolio of bonds contains 3 units ...

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