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Problem 3 YYY bonds have 240-quarters maturity, $1000 par value, 8% coupon rate paid semi-annually, and the yield to maturity is 6%. Compute the current
Problem 3 YYY bonds have 240-quarters maturity, $1000 par value, 8% coupon rate paid semi-annually, and the yield to maturity is 6%. Compute the current price of the bond? Compute the price of the bond 3 years from now? N=240FV=1000ouprnrate5
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