Consider a bond paying a coupon rate of 10% per year semi-annually when the market interest rate

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Consider a bond paying a coupon rate of 10% per year semi-annually when the market interest rate is only 4% per half-year. The bond has three years until maturity. Find the bond's price (a) today and (b) six months from now after the next coupon is paid.

Posted Date: May 20, 2024 06:05 AM

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Consider a bond paying a coupon rate of 10% per year semi-annually when the market interest rate

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