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You have the option of purchasing a $1,000,6% coupon bond with interest payable semiannually and a remaining term of 10 years, or an annually compounded

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You have the option of purchasing a $1,000,6% coupon bond with interest payable semiannually and a remaining term of 10 years, or an annually compounded 51,000, zero coupon bond with a remaining term of 10 years. The nominal market yield is 8% for both bonds, what would you pay for each bond ($1,000 face value)? Question 2 (1 point) One year ago a $1,000 face value, 6% coupon bond was selling for S1,100. Since then, the market yield has decreased by two percentage points. The hond pays interest semiannually and now has four years to maturity. What is the bond's price today

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