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What is the price of a bond with the following characteristics? Maturity is 10 years Coupons (paid in semi-annually) at an annual rate of 3.2%.
What is the price of a bond with the following characteristics? Maturity is 10 years Coupons (paid in semi-annually) at an annual rate of 3.2%. Yield to Maturity (semi-annually compounded or bond equivalent yield) is 5.9% Two decimal places of accuracy is required
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