Question: QUESTION 3 Problem 10.3 (a) A newly ssued 10-year maturity, 6M coupon bond making annual coupon payments is sold to the public at a price
QUESTION 3 Problem 10.3 (a) A newly ssued 10-year maturity, 6M coupon bond making annual coupon payments is sold to the public at a price of $760, The bond will not be sold at the end of the year. The bond is treated as an original-issue discount bond. Calculate the constant yield price (Do not round intermediate calculations, Round your answer to 2 decimal places.) QUESTION 4 Problem 10.3(b) A newly issued 10-year maturity, 6 coupon bond making annual coupon payments is sold to the publicat a price of $760. The bond will not be sold at the end of the year. The bond is treated as an original-issue discount bond. Calculate total taxable income. (Do not round Intermediate calculations. Round your answer to 2 decimal places.)
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