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Posted on Sep 07, 2024

The following is a recent quote for ETH semi-annual coupon bonds. For simplicity, please assume the bond matures on todays date in its maturity year.

Bond Coupon Maturity Last Price CTH 6.60 October, 2040 125

(a) Whatisthepriceofthebond? (b) What is the yield to maturity? (c) Whatisthecurrentyield?

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