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Question 6 10 pts Emacs Co. issued 20-year, $1,000 face value bonds one year ago at a coupon rate of 9.8 percent. The bonds make
Question 6 10 pts Emacs Co. issued 20-year, $1,000 face value bonds one year ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.1 percent, what is the current bond price? Question 7 10 pts You buy a TIPS at issue at par for $1,000. The bond has a 3.77% annual pay coupon. Inflation turns out to be 2.49%, 2.25%, and 2.86% over the next 3 years. What is the total annual coupon income you will receive in year 3
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