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3 et of Question (4 Marks) C04 An 16% semiannual coupon bond matures in 10 years. The bond has a face value of AED 1,000

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3 et of Question (4 Marks) C04 An 16% semiannual coupon bond matures in 10 years. The bond has a face value of AED 1,000 and current la of 16.42% A] Calculate the bond's price. 11.5) B] Calculate the bond approximate yield to maturity (YTM). (1.5) c] Do you think this bond should be classified as a "par bond", a "discount bond", or a "premium bond"? Justify clearly your answer. Heading 4 - BTS

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