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We have the opportunity to buy a 1 0 - year ( original term ) bond with 7 years of semi - annual coupon payments
We have the opportunity to buy a year original term bond with years of semiannual coupon payments remaining... The annual coupon rate is set at $ semiannual paymentIf the current Yield to Maturity prevailing market rate on comparable bonds is approximately estimate the appropriate purchase price of the bond.
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