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The price of a UK 10-year gilt is quoted at 10713/32 It has a face value of 100, and yields coupons at a rate
The price of a UK 10-year gilt is quoted at 10713/32 It has a face value of 100, and yields coupons at a rate of 4.25%, that it pays semi-annually. What is the price of the bond today? Comment on this pricing, and on the yield to maturity of the bond. (5 marks)
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
