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Suppose you own a bond with a face value of BDT 1,000 for maturity of 8 years. The bond coupon payment is 10%. The bond

Suppose you own a bond with a face value of BDT 1,000 for maturity of 8 years. The bond coupon payment is 10%. The bond is currently price at 960. If market interest rate is 12%, should you take long (buy) or short (sell) position? (Tips calculate the bond intrinsic value and compare this with market price)

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