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Please show all equations and work as needed. A 10-year, 7% bond with semiannual coupon payments, purchased at par ($1,000) a. What is the yield

Please show all equations and work as needed.

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A 10-year, 7% bond with semiannual coupon payments, purchased at par ($1,000) a. What is the yield to maturity of the bond? b. Compute the value of the bond if the annual yield is now 5%. What would be your capital gain loss if you sold the bond now

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