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QUESTION 8 A 24-year bond with a coupon rate of 5.15% has a price of $988, what is the bond's yield? QUESTION 10 A 11-year
QUESTION 8
A 24-year bond with a coupon rate of 5.15% has a price of $988, what is the bond's yield?
QUESTION 10
A 11-year zero-coupon bond has a yield to maturity of 1.7% . What is the value of the bond? Assume semi-annual compounding.
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