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24-05-2023
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A $10,000, 4.5% semi-annual coupon rate bond has 11 years until maturity. Calculate the price of the bond if the required return in the bond market is 5.2% compounded semiannually.
Answers:
a)$9,668.86
b)$13,153.01
c)$9,419.18
d)$11,021.60
e)$10,000

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