Calculate for each of the following bonds the price per $1,000 of par value assuming semiannual coupon
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Question:
Bond | Coupon Rate (%) | Years to Maturity | Yield (%) |
A | 8 | 9 | 7 |
B | 9 | 20 | 9 |
C | 6 | 15 | 10 |
D | 0 | 14 | 8 |
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