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You are analyzing a corporate bond with the ff. features: A Php 1,000 semi-annual pay bond with an annual coupon rate of 10% with 2

You are analyzing a corporate bond with the ff. features: A Php 1,000 semi-annual pay bond with an annual coupon rate of 10% with 2 years to maturity. The bond has a bond-equivalent yield of 9%.

1. The bond will sell at a discount/par/premium?

2. The bond is currently priced at php?

3. As it approaches maturity, the bond will increase/decrease/retain?

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