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dont use excel March 2021 Paal Mug! ! Question 2020 marka ABC offer 10 percent coupon bonds with semiannual payments and a yield to maturity

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dont use excel
March 2021 Paal Mug! ! Question 2020 marka ABC offer 10 percent coupon bonds with semiannual payments and a yield to maturity of 6 percent. The bonds mature in 5 years. What is the market price per bond if the face value is $1.000 (10 marks) b. What would be the price of the bond if the yield increases to 10 perce? (5 marks) c. Please explain why the bond price increases when its yields to maturity decreases

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