Suppose that a 25-year government bond has a maturity value of $1000 and a coupon rate...
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Suppose that a 25-year government bond has a maturity value of $1000 and a coupon rate of 8%, with coupons paid semiannually. Find the market price of the bond if the yield rate is 7% compounded semiannually. (Round your answer to the nearest cent.) $ 1117.60 Suppose that a 25-year government bond has a maturity value of $1000 and a coupon rate of 8%, with coupons paid semiannually. Find the market price of the bond if the yield rate is 7% compounded semiannually. (Round your answer to the nearest cent.) $ 1117.60
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