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You have just purchased a 4-year coupon bond paying a couponrate of 12% per year annually with a face value of $100. Supposethe yield curve

You have just purchased a 4-year coupon bond paying a couponrate of 12% per year annually with a face value of $100. Supposethe yield curve is flat at 3%.a. Find the bondâ??s price today and 2 year 2 answers

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