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finance 5 5. A 6% coupon, 20-year bond pays coupons monthly and is trading at 98.375 (% of par). What is the most you should

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5. A 6% coupon, 20-year bond pays coupons monthly and is trading at 98.375 (\% of par). What is the most you should be willing to pay for an equivalent-risk and maturity 6% coupon bond that pays coupons annually

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