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What is the price of a 7-year, 3.0%-coupon bond with a yield-to-maturity of 2.1% per year? Assume the bond has a par value of $1,000
What is the price of a 7-year, 3.0%-coupon bond with a yield-to-maturity of 2.1% per year? Assume the bond has a par value of $1,000 and pays coupons semi-annually.
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