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Problem Solving 1. Please send your work step by step to the professor. a. What is the price of a bond with a face value

Problem Solving 1. Please send your work step by step to the professor. a. What is the price of a bond with a face value of $100 that will mature in 24 months and pays a coupon of 7% per annum (coupons are paid semiannually) given the yield is 11% b. What is this bond's duration

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