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Home Question A bond has the following characteristics. i) The maturity is T-2 years. ii) The annual coupon rate is 9%, paid semiannually. iii) The

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Home Question A bond has the following characteristics. i) The maturity is T-2 years. ii) The annual coupon rate is 9%, paid semiannually. iii) The annual bond-equivalent yield-to-maturity is 8%. iv) The face value is $100.Calculate the current price of the bond. Possible Answers 101.81 B 105.82 110.68 A Type here to search

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