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Draw a time-line for a 12-year bond that has a 9 percent annual coupon, a yield to maturity of 8 percent and a face value

Draw a time-line for a 12-year bond that has a 9 percent annual coupon, a yield to maturity of 8 percent and a face value of $1,000. What should be the price of the Bond? (4) A bond currently sel...

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