20 You are a bond portfolio manager for a superannuation fund and are considering buying a fiveyear...

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20 You are a bond portfolio manager for a superannuation fund and are considering buying a fiveyear government bond, with a face value of $100 and paying 9% annual coupons. Given that current market yields are 8% per annum, what would the price of this bond be?

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Fundamentals Of Finance

ISBN: 9780994132529

4th Edition

Authors: Andrea Bennett, Jenny Parry, Carolyn Wirth

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