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Business, 09.12.2021 02:50 david6835

A 10-year 1,000 par value bond has coupons at the rate of X%, payable semiannually. The bond is redeemed at par and priced to yield 8% per year compounded semi-annually. The price of the bond is 1,135.90. Determine X.

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A 10-year 1,000 par value bond has coupons at the rate of X%, payable semiannually. The bond is rede...
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