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i need it done on a piece of paper with steps 4. A bond has face value $10,000, maturity in 10 years, coupon rate j2
i need it done on a piece of paper with steps
4. A bond has face value $10,000, maturity in 10 years, coupon rate j2 = 5%. After 4 years and 9 months, it is sold to a bank, who wish to receive a yield of 6%. Calculate (a) The book value. [2 points] (b) The market value. [2 points] Step by Step Solution
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