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QUESTION 18 What is the price of a 20 year 3% bond? Suppose similar bonds have a yield to maturity of 2%. (For this and

QUESTION 18 What is the price of a 20 year 3% bond? Suppose similar bonds have a yield to maturity of 2%. (For this and subsequent problems, show your work on a separate piece of paper that you will photograph and send to your section instructor)

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