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I5 . 2. Suppose you purchase a 15-year, AAA-rated Japanese bond for par that is paying an annual coupon of 4.25%. The bond has a
I5 . 2. Suppose you purchase a 15-year, AAA-rated Japanese bond for par that is paying an annual coupon of 4.25%. The bond has a face value of 10,000 Japanese yen. The spot rate at the time of purch...
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