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For a $ 1 bond the coupon rate is 1 2 0 % of the yield rate and the premium is p . For another
For a $
bond the coupon rate is
of the yield rate and the premium is p
For another $
bond with the same number of coupons and the same yield rate, the coupon rate is
of the yield rate. Express the price of the second hond as a function of p
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