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Microhard has issued a bond with the folowing characteristics: Par: $ 1 , 0 0 0 Time to maturity: 1 2 years Coupon rate: 7
Microhard has issued a bond with the folowing characteristics:
Par: $
Time to maturity: years
Coupon rate: percent
Semiannual payments
Calculate the price of this bond if the YM is Do not round intermediate calculations and round your answers to decimal places, eg:
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