Question: Question 1. You are considering purchasing a bond. The bond pays an 8% coupon rate with semi-annual payments, and it has 26 years left

Question 1. You are considering purchasing a bond. The bond pays an

Question 1. You are considering purchasing a bond. The bond pays an 8% coupon rate with semi-annual payments, and it has 26 years left until maturity. You believe that the bond should carry a 9% yield. Calculate the following values: i. The bond price ii. The bond's current yield

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