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If a semiannual bond has a coupon rate of 14 percent, then the owner will get a total of $140 per year. The yield to
If a semiannual bond has a coupon rate of 14 percent, then the owner will get a total of $140 per year. The yield to maturity is quoted at 16 percent. The bond matures in 7 years. What is the bonds price using semiannual compounding (Semiannual coupon)
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