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Business, 04.07.2020 20:01 NikkyZ9487

The Treasury has just issued a semi-annual coupon bond that matures in 10 years with a face value of $1,000 and a coupon rate of 4 %. A. What is the price of this bond if the yield to maturity on similar bonds was 5%? B. If the price of the bond is $1100, what is the yield to maturity?

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