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MC Qu. 22 The ask yield on a ... The ask yield on a 6 percent coupon Treasury bond maturing in eight years is 5.488

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MC Qu. 22 The ask yield on a ... The ask yield on a 6 percent coupon Treasury bond maturing in eight years is 5.488 percent. If the face value is $1,000, what should be the QUOTED cost of the bond today (use semiannual compounding)? 0 103:10 103:6 103:7 103:9 103:8 O

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