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You have a bond that pays a 10% coupon and a 3 year term. a. What is the price of the bond if market yields

You have a bond that pays a 10% coupon and a 3 year term.

a. What is the price of the bond if market yields are 10%?

b. What is the price of the bond if market yields rise to 13%

c. What is the current yield when market yields are 13% Show your calculation!

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