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X = 6 3) I try to calculate the price of a 2-year x% quarterly coupon bond if the required rate of return (discount rate)

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X = 6

3) I try to calculate the price of a 2-year x% quarterly coupon bond if the required rate of return (discount rate) is 6%. a) Show the problem in time line and in equation form. What is the current bond price? (15 pts) b) Is this bond sold at a discount, premium or par? Explain (5 pts)

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