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Suppose that at the beginning of the year, you invest in a bond that has a face value of 80.000 TL, a maturity of 3
Suppose that at the beginning of the year, you invest in a bond that has a face value of 80.000 TL, a maturity of 3 years, a coupon rate of 20% and annual coupon payments. Market yields were 15%, however, they have risen to 25% at the end of the second year. What would be the dirty price of the bond at the end of the third year?
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