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questions 2&3 please 2) Bond Price: A bond has 9% coupon rate, matures in 12 years and pays interest semi-annually, the face value is $1,000.

questions 2&3 please image text in transcribed
2) Bond Price: A bond has 9% coupon rate, matures in 12 years and pays interest semi-annually, the face value is $1,000. What is the current price of this bond if the market rate of return is 8.3% 3) Time to Maturity: A bond is currently selling at price of 977.03, the face value is $1,000 and the coupon rate is 8%. Interest if paid semi-annually. How many years is it until the bond matures if the market rate of return is 8.4%

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