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Question A bond has the following characteristics 1) The maturity is T-2 years. ii) The annual coupon rate is 9%, paid semiannually. ii) The annual

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Question A bond has the following characteristics 1) The maturity is T-2 years. ii) The annual coupon rate is 9%, paid semiannually. ii) The annual bond-equivalent yield-to-maturity is 8%. iv) The face value is $100.Calculate the current price of the bond

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