Calculate the price of a 10 year government bond with a face value of $1,000 that...
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Calculate the price of a 10 year government bond with a face value of $1,000 that has a coupon rate of 3% and pays semi-annual interest. The current market rate for similar bonds is 2%. [5 marks] Calculate the price of a 10 year government bond with a face value of $1,000 that has a coupon rate of 3% and pays semi-annual interest. The current market rate for similar bonds is 2%. [5 marks]
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