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You purchase a bond with a 1 0 0 , 0 0 0 face value a . the bond has a semi annual coupon of
You purchase a bond with a face value
a the bond has a semi annual coupon of and a maturity of years calculate the annual coupon rate.
b assume the yield to maturity is calculate the present value of the face amount as if it was strips
c calculate the price of the bond.
d Calculate the present value of the coupon payments.
e calculate the current yield.
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