Calculate the payment of each coupon

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Question - Suppose a 7-yr semiannual bond with $1,000 par has 5% coupon rate. Calculate the payment of each coupon. Price a 2-yr 4.9% semiannual coupon bond with a par value of $100. Yield to maturity (discount rate) of the bond is 5.7%.

Reference no: EM132945138

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