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The rates are nominal semiannual rates, as well as doling out semiannual coupons and face value at maturity. 1) A $100 face value bond offers

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The rates are nominal semiannual rates, as well as doling out semiannual coupons and face value at maturity.

1) A $100 face value bond offers a coupon rate of 10% and a yield rate of 13%. If the bond is priced at $90 then in how long (rounded to the nearest half year) should the bond mature

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