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Today you purchased a 4-year annual-pay coupon bond with face value $1000, coupon of $80 and yield to maturity of 8%. a) What's the price
Today you purchased a 4-year annual-pay coupon bond with face value $1000, coupon of $80 and yield to maturity of 8%. a) What's the price you paid for the bond? b) Suppose interest rate is unchanged a...
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