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In calculating the current price of a bond paying semiannual coupons, one needs to use double the number of years for the number of payments
In calculating the current price of a bond paying semiannual coupons, one needs to
use double the number of years for the number of payments made. | ||
use the semiannual coupon. | ||
use the semiannual rate as the discount rate. | ||
All of the above need to be done. |
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