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Show your calculations for the following question. 1. What would you offer for a symcor bond that offers a 5.5% coupon (paid semi-annually), has face
Show your calculations for the following question.
1. What would you offer for a symcor bond that offers a 5.5% coupon (paid semi-annually), has face value of $1,000, and matures in 7 years if similar risk investments offer an expected yield of 5% compounded semi-annually?
What is the price of the investment if it also gives you a lump sum of $250 at the beginning of year 5?
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