Question: Looking at the above problem, suppose that the German bund paid interest semiannually like a U.S. bond. (The bond would pay .025 x 100 =

Looking at the above problem, suppose that the German bund paid interest semiannually like a U.S. bond. (The bond would pay .025 x 100 = 2.5 Euros every six months). What is the PV in this case?

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