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XYZ has issued a bond with semi annual coupon rate of 6.5% and maturity of 10 years The bonds par value is $1,000. If the
XYZ has issued a bond with semi annual coupon rate of 6.5% and maturity of 10 years The bonds par value is $1,000. If the required return on this bond is (Yield to Maturity (YTM) is 8% p.a. what is the fair price of the bond
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