Question: 6. Consider a bond (with par value =$1,000 ) paying a coupon rate of 5% per year semi annually when the market interest rate is

6. Consider a bond (with par value =$1,000 ) paying a coupon rate of 5% per year semi annually when the market interest rate is only 5% per half-year. The bond has 4 years until maturity. a. Find the bond's price today and 6 months from now after the next coupon is paid. b. What is the total ( 6 month) rate of return on the bond

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