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Suppose trat Aly Finandial Inc, issued a bond with 10 years until maturity, a tace yalue of $1,000, and a coupon rate of 12% (annual

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Suppose trat Aly Finandial Inc, issued a bond with 10 years until maturity, a tace yalue of $1,000, and a coupon rate of 12% (annual payments). The yeld fo matunty on this bond when if was issued was B\% a. What was the price of this bond when it was iseved? b. Assurning the yield to maturity recnains constant, what is the price of the bond immedalely before it makes its fest coupon payment? c. Assuming the yeld to maturity remains constant, what is the price of the bond imenediatey ater it makes is frest coupon payment? a. What was the price of tis boed when 14 was issued? The price of this bond when thas issued was ! (fround to the nearest cent)

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