# Question

Using Table 12–3, on page 317 determine the price of a

a. 10 percent coupon rate bond, with 20 years to maturity and a 14 percent yield to maturity.

b. 12 percent coupon rate bond with 10 years to maturity and an 8 percent yield to maturity.

a. 10 percent coupon rate bond, with 20 years to maturity and a 14 percent yield to maturity.

b. 12 percent coupon rate bond with 10 years to maturity and an 8 percent yield to maturity.

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