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What is the price of a bond with the following information? It is 1.5 years until expiration. The coupon rate is 6 percent and coupon
What is the price of a bond with the following information? It is 1.5 years until expiration. The coupon rate is 6 percent and coupon payments are made once per year. The market rate of return is 8.6 percent. The bond has a face value of 1000 SEK (Answers are rounded to integers) a) 111 b) 994 c) 941 d) 920 e) 1075
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