Given a five-year, 8% coupon bond with a face value of $1,000 and trading at a simple
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Given a five-year, 8% coupon bond with a face value of $1,000 and trading at a simple annual rate of 9%, determine the values and effective annualized rates given the bond has the following payment or compounding frequencies:
a. Semiannual
b. Monthly
c. Weekly Comment on the relation you observe.
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