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Q10. Today is Jan 1, 2020. The calculated price (the price you computed) for a bond as of today is $1084.39. The annual coupon is

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Q10. Today is Jan 1, 2020. The calculated price (the price you computed) for a bond as of today is $1084.39. The annual coupon is 10% paid semiannually. The annual discount rate is 8%. The face value of this bond is $1000. What is the maturity date of this bond? The correct answer is closer to: a. Jan 1, 2030 b. July 1, 2030 c. Jan 1, 2029 d. July 1, 2029 e. Longer than 12 years from now. |

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