Consider a bond (with par value = $1,000) paying a coupon rate of 10% per year semiannually when the market interest rate is only 4% per half-year. the bond has three years until maturity. a. find the bond’s price today and six months from now after the next coupon is paid.
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Consider a bond (with par value = $1,000) paying a coupon rate of 10% per year semiannually when the...
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