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How much should you pay for a 10-year bond with a 8.25% coupon, semiannual payments, and a semiannually compounded yield of 9.75%? (Do not round
How much should you pay for a 10-year bond with a 8.25% coupon, semiannual payments, and a semiannually compounded yield of 9.75%? (Do not round intermediate calculations.) |
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