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The value of a bond can be calculated by discounting its cashflow, which consists of regular coupon payments and redemption of at maturity, using the

The value of a bond can be calculated by discounting its cashflow, which consists of regular coupon payments and redemption of at maturity, using the desired yield as the discount rate. For example, a bond whose face value is $200,000, coupon rate is 3% and is maturing in 6 years would have a value of $ (two decimal places, no 100 separator) and be priced at (two decimal places) if the desired yield is 2%. Assume that coupons are paid twice a year.

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