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What is the price of a coupon bond with the following characteristics? Face Value 1000 Coupon 8% Interest Rate 6% Compounding per year 2 Years
What is the price of a coupon bond with the following characteristics?
Face Value | 1000 |
Coupon | 8% |
Interest Rate | 6% |
Compounding per year | 2 |
Years Until Maturity | 20 |
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