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need urgent help. Please. Problem 1 (15 points) Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often

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need urgent help. Please.

Problem 1 (15 points) Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of 1,000, 20 years to maturity, and a coupon rate of 4.5 percent paid annually. If the yield to maturity is 4.0 percent, what is the current price of the bond

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