Question: Problem 43.26 You are given two n-year par value 1,0()0 bonds. Bond X has 14% semi- annual coupons and a price of 1,407.70 to yicld

Problem 43.26 You are given two n-year par value 1,0()0 bonds.

Problem 43.26 You are given two n-year par value 1,0()0 bonds. Bond X has 14% semi- annual coupons and a price of 1,407.70 to yicld i compounded semi-annually. Bond y has 12% semi-annual coupons and a price of 1.271.80 to yield the same rate i compounded semi-annually. Calculate the price of Bond X to yield i-1%

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