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 until

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: 1. The bond price 2. The bond's current yield 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: 1. The bond price 2. The bond's current yield

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