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INTERMEDIATE 15. A 10-year German government bond (bund) has a face value of 100 and a coupon rate of paid annually. Assume that the interest

INTERMEDIATE 15. A 10-year German government bond (bund) has a face value of 100 and a coupon rate of paid annually. Assume that the interest rate (in euros) is equal to 6% per year. What is 5% the bond's PV

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