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Question 7 Calculate the price of a 10 year government bond with a face value of $1,000 that has a coupon rate of 2.5% and

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Question 7 Calculate the price of a 10 year government bond with a face value of $1,000 that has a coupon rate of 2.5% and pays semi-annual interest. The current market rate for similar bonds is 2%. Question 9 Jim and Pam are currently renting and would like to purchase their own home. Jim and Pam like a property which is for sale with a total purchase price of $600,000. Their bank manager has suggested they consider a home loan loan with an interest rates of 5% over a 30 year term. What will be the monthly repayments? Can Jim and Pam afford the 30 year term loan term based on their current circumstances

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