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Q No.3 A rm sells bonds with a par value of 1000 Rupees, carry 8% coupon rate, with a maturity period of '9 years. The

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Q No.3 A rm sells bonds with a par value of 1000 Rupees, carry 8% coupon rate, with a maturity period of '9 years. The bond sells at a yield to maturity of 9%. a. What is the interest payment you should receive each year? b. What is the selling price of the bond? c. What will happen to the bond price, if the yield to maturity falls to 7%

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