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Suppose that Aly Financial inc. issoed a bond with 10 years unti maturiby, a foce value of $1,000, and a coupon rate of 9% (arnual

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Suppose that Aly Financial inc. issoed a bond with 10 years unti maturiby, a foce value of $1,000, and a coupon rate of 9% (arnual payments) The yield to maturity on this bond when it was itsued was 5% a. What was the price of this bond when a was issued? b. Assuming the yield to maturity remains constant, what is the price of the bond immediately belore il makes its first coupon payment? c. Assuming the yield to maturity remains constant, what is the price of the bond immediately atter it makos its first coupon payment

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