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QUESTION 3 Consider a 12-year 7.5% coupon bond with quarterly coupons and $1,000 face value. If its yield to maturity is 8.2%, how much of
QUESTION 3
Consider a 12-year 7.5% coupon bond with quarterly coupons and $1,000 face value. If its yield to maturity is 8.2%, how much of the value of the bond comes from its coupon payments? Answer in percent, rounded to one decimal place (e.g., 25.8% --> 25.8).
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