Question: Problem 14-14 Consider a bond with par value - SLOpaying a coupon rate of 10% per year semiannually when the market interest rate is only

Problem 14-14 Consider a bond with par value - SLOpaying a coupon rate of 10% per year semiannually when the market interest rate is only 45 per half year. The band has three years until maturity 2. Find the bond's price today and see months from now oher the next coupon is paid, (Round your answers to 2 decimal places:) 3 204.01 Current Price after month b. What is the total 16-month rate of return on the bond? (Do not round Intermediate calculations. Round your answer to the nearest whole percent.) Ralnefretum

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