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Suppose a company issues a bond with 5 years until maturity, a face value of $ 600, and a coupon rate of 5.5% with annual

Suppose a company issues a bond with 5 years until maturity, a face value of $ 600, and a coupon rate of 5.5% with annual payments. The yield to maturity on the bond when it was issued was 3%. a. What was the price of the bond when it was issued? b.Assuming the yield to maturity of the bond remained constant, what is the price of the bond immediately before it makes its first coupon payment? c. Assuming the yield to maturity of the bond remained constant, what is the price of the bond immediately after it makes its first coupon payment?

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