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plz help Consider 8 bond paying a coupon rate of 10.75% per year semiannually when the market interest rate is only 4.3% per half.year. The
plz help
Consider 8 bond paying a coupon rate of 10.75% per year semiannually when the market interest rate is only 4.3% per half.year. The bond has five years until maturity. Required: a. Find the bond's price today and six months from now after the next coupon is paid. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. What is the total rate of return on the bond? (Do not round intermediate caiculations. Round your answer to 2 decimal places.) Step by Step Solution
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