Question: Please show complete solution. Suppose the prevailing term structure is as follows: What is the price of an 18-month, 8.7%, exist1,000 semi-annual bond? How would
Please show complete solution.

Suppose the prevailing term structure is as follows: What is the price of an 18-month, 8.7%, exist1,000 semi-annual bond? How would you determine its yield to maturity
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