Question: 9. Sofia purchases a $600 7% maturity, her yield is 6.6% 20-year par-valse bond with annual coupons. If held to (a) Find the price of

9. Sofia purchases a $600 7% maturity, her yield is 6.6%

9. Sofia purchases a $600 7% maturity, her yield is 6.6% 20-year par-valse bond with annual coupons. If held to (a) Find the price of the bord. five, six, or seven for $6,000. Find Sofia's minimal yield for the period she holds the bond. (b) The bood is callable at the end of two years for $6,100 and at the end of years

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