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Fixed Income: Calculating Value of a Bond Assume the time to maturity is 5 years, coupons are paid TWICE PER YEAR, the annual coupon rate
Fixed Income: Calculating Value of a Bond Assume the time to maturity is 5 years, coupons are paid TWICE PER YEAR, the annual coupon rate is 4%, par value is $1.000, and the annual discount rate (yield to maturity or ta) is 3%. What is the value of the bond
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