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possible options 1)corporate or municipal/government 2)105.375/105/105,3/5 3)423,100/4,105/105.38/4215.00 4)premium/discount 5)up/down 6)7.30/6.44/6.64/7.00% 10. Bond pricing Understanding Bond Pricing quoted at 105 Suppose your friend tells you that

possible options
1)corporate or municipal/government
2)105.375/105/105,3/5
3)423,100/4,105/105.38/4215.00
4)premium/discount
5)up/down
6)7.30/6.44/6.64/7.00% image text in transcribed
10. Bond pricing Understanding Bond Pricing quoted at 105 Suppose your friend tells you that she recently purchased a 20-year! but she does not know what this means. You can tell by the way the bond is priced that she has You explain that the market price of he come a common bond; otherwise it would have been priced meaning it is now a bond t interest rates have gone since the bond was issued. The current Based on the market price of the bo yield of the bond is Save & Continue Continue without saving

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