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Question 3 Assume semi-annual payments. A bond has a coupon rate of 2.4% when yields are 4.76%. If the bond has 14 years to maturity,

Question 3

Assume semi-annual payments. A bond has a coupon rate of 2.4% when yields are 4.76%. If the bond has 14 years to maturity, what is the price of the bond?

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