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Question. 4 A) Suppose a company issues a bond with a face value of $1000, 23 years to maturity and a coupon rate of 3.8

Question. 4 A) Suppose a company issues a bond with a face value of $1000, 23 years to maturity and a coupon rate of 3.8 per cent paid annually. If the yield to maturity is 4.7 per cent, what is the (10 marks) current price of the bond

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