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Please solve on paper and show all equitionyou use. ( do not use excel ) thanks. Example on Bonds Christina buys a bond from the

Please solve on paper and show all equitionyou use. ( do not use excel ) thanks.

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Example on Bonds Christina buys a bond from the State of North Carolina The bond has a 10-year maturity Face value - $1000 . coupon interest rate-8%, payments are made semiannually Effective annual interest rate-12.36% What should be the bond's price? (In other words, how much should Christina pay today to buy the bond?)

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