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Business, 01.03.2021 23:20 starlightmoon213

Solve both of the bond problems below (parts (a) and (b)). For your work, show what you would key into the buttons on your financial calculator. (a) What is the price of a 5.000% semiannual coupon bond with yield to maturity of 4.500% and a tenor of 27 years. (b) What is the price of a 5.000% semiannual coupon bond with yield to maturity of 4.500% and a tenor of 2 years. (c) What is happening to the price of the bond as the tenor approaches zero (maturity)

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Solve both of the bond problems below (parts (a) and (b)). For your work, show what you would key in...
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