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You just bought Bond XYZ, which has a face value of $1,000, and pays annual coupon payments with a coupon rate of 6%. Bond XYZ

You just bought Bond XYZ, which has a face value of $1,000, and pays annual coupon payments with a coupon rate of 6%. Bond XYZ currently has 3 years until maturity and it has a yield of 5%. Find the price you just paid for Bond XYZ. (5 pts) b. Assume you will hold Bond XYZ until maturity but you can reinvest its coupon payments at an 4% per year. What will be your realized annual return from Bond XYZ? (5pts) c. There is another bond, Bond ABC, with a quoted price of $1,030 for a face value of $1,000. Bond ABC pays semiannual coupon payments with an annual coupon rate of 8%. The last coupon payment was made 4.5 months ago. What is the invoice price for Bond ABC? (5pts)

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