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When you price a semi-annual coupon bond, you can discount the face value in either of two equivalent ways: 1) using 2n periods at the
When you price a semi-annual coupon bond, you can discount the face value in either of two equivalent ways: 1) using 2n periods at the semi-annual rate of kd/2; or 2) using the number of years to maturity, n, and the annual yield, kd. Select one: True False
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