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Using your own example, value the following three bonds; (i) perpetual bond, (ii) zero coupon bond whose maturity is more than 5-years (iii) a coupon
Using your own example, value the following three bonds; (i) perpetual bond, (ii) zero coupon bond whose maturity is more than 5-years (iii) a coupon paying bond whose maturity is more than 6-years. The yield rate is currently 9%pa. Generate a combined graph of the three bonds. Explain your answers and the shape of your graph. (5 Points)
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