Bond A has a coupon rate of 7.52 percent, a yield-to-maturity of 11.94 percent, and a face value of 1,000 dollars; matures in 14 years; and pays coupons annually with the next coupon expected in 1 year.What is (X + Y + Z) if X is the present value of any coupon payments expected to be made in 5 years from today, Y is the present value of any coupon payments expected to be made in 9 years from today, and Z is the present value of any coupon payments expected to be made in 17 years from today?

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Okay lets solve this stepbystep Coupon rate 752 Yie... View the full answer