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QUESTION 36 A bond makes annual payments, and has a 10% coupon rate and a 14% yield-to-maturity. The bond has 5 years to maturity. What

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QUESTION 36 A bond makes annual payments, and has a 10% coupon rate and a 14% yield-to-maturity. The bond has 5 years to maturity. What is the bond's price (par is $1000)? $1254.87 $1100 $1000 $862.67 QUESTION 37 If a 10-year bond has a 8% coupon rate, and a 12% yield-to-maturity, then the bond's price is: less than par equal to par greater than par

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