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Suppose yield to maturities of discount bonds issued by China Mobile are shown as follows: 1-year 2.5% 2-year 3% 3-year 3.2% Compute the price of
Suppose yield to maturities of discount bonds issued by China Mobile are shown as follows:
1-year
2.5%
2-year
3%
3-year 3.2%
Compute the price of the 3-year annual coupon bond with 4% coupon issued by China
Mobile with $1000 face value.
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