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You just got an offer for a bond issued by Coala Corporation. The bond pays annual coupons with a coupon rate of 0.03, while its

You just got an offer for a bond issued by Coala Corporation. The bond pays annual coupons with a coupon rate of 0.03, while its yield to maturity is 0.115, the bond has 21 years to maturity what is the price of the bond what is the current yield

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