Question: PROBLEM SOLVING 1) What is the coupon of a bond selling at par having in mind that interest rates are fixed at 5 percent? 2)

PROBLEM SOLVING 1) What is the coupon of a bond selling

PROBLEM SOLVING 1) What is the coupon of a bond selling at par having in mind that interest rates are fixed at 5 percent? 2) What is the maximum price of a fixed-coupon bond paying every six months with a coupon rate of 9 percent, interest rate of 5 percent, and a maturity of five years. 3) What is the coupon rate of a consol bought at 900 USD knowing that interest rate is 10 percent

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