Business
Business, 13.06.2020 03:57, ArandomMexican3222

f. What should be the current price of a 3-year maturity bond with a 7% coupon rate paid annually? (Do not round intermediate calculations. Round your answer to 2 decimal places.) g. If you purchased the coupon bond at the price you computed in part (f), what would your total expected rate of return be over the next year (coupon plus price change)? Ignore taxes. (Do not round intermediate calculations. Round your answer to 1 decimal place.)

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