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need steps thank u A $2200 bond pays quarterly coupons of $44 (every 3-months) and is redeemable at 107 on March 15, 2029. The price

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A $2200 bond pays quarterly coupons of $44 (every 3-months) and is redeemable at 107 on March 15, 2029. The price of the bond on September 15, 2018 is $2350.03. (a) What is the approximate value of the yield rate, ja on the bond? (2 marks) (b) On May 2, 2021, the bond is sold and is quoted as selling for 106.8476. (i) What is the full (dirty) price of the bond? (3 marks) (ii) Is the bond bought at a premium or discount, and why? (1 mark)

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