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Question 5-6 are based on the following information An 8% coupon bond paying interest rate annually matures in 3 years and have par value of

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Question 5-6 are based on the following information An 8% coupon bond paying interest rate annually matures in 3 years and have par value of 1000. The discount rate is 9% Question 5 1 pts The price of this bond is $ 987.568 974.687 947635 923.125 Question 6 The Macaulay duration of this bond is 2.923 years 2.7803 years 2.145 years 1.987 years

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