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Consider the following data Purchasing price 11500 (par value) Selling price 16500 Coupon rate 0.05 Period 8 Years Calculate the rate of return for the

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Consider the following data Purchasing price 11500 (par value) Selling price 16500 Coupon rate 0.05 Period 8 Years Calculate the rate of return for the above bond In November 2019 you purchase a 1 year Government bond with a $3,000 face value. The bond has an annual coupon rate of 4%, paid semi-annually. If the required rate of return is 13%, what is the price of the bond

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