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Suppose Gomas Enterprises has issued a bond that pays 1 1 % interest ( $ 5 5 semiannual coupons ) , and the current market
Suppose Gomas Enterprises has issued a bond that pays interest $ semiannual coupons and the current market yield is F
a If the bond matures in years, compute its current price. What if the bond matures in year?
b What do you notice when comparing the prices and their components?
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