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Q6: A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8% with interest paid

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Q6: A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8% with interest paid annually. If the yield to maturity of this bond is 9%, what will be the current price of this bond? What will be the price if the coupon is paid semi- annually when all other things being equal

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