Question: i want answer in 30 mins and correct answer thanks for your help 6. Consider a fixed rate 2-year mortgage bond with monthly payments. The

i want answer in 30 mins and correct answer thanks for your help

i want answer in 30 mins and correct answer

6. Consider a fixed rate 2-year mortgage bond with monthly payments. The first year is interest-only while the second year also has instalments. The coupon rate is 12% per year. The yield to maturity is 8% per year. Ignore any call options. a. What is the price of the bond

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