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E 4 listenYour grandmother just gave you various bonds as follows: Two zero - coupon government bonds that each have a $ 1 , 0
E listenYour grandmother just gave you various bonds as follows: Two zerocoupon government bonds that each have a $ face value with years left to maturity and a required rate of return YTM Three corporate bonds that each have a $ face value and a coupon rate per year that is paid semiannually. The corporate bonds have years left to maturity and a per year required rate of retum YTMWhat is the value of one of the described corporate bonds?
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