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A $100 par value option free bond has a 6% coupon, a 5 year maturity, and an 8% required yield.
a) Find the price of the bond.
b) The dollar value of an 01 for this bond is__________.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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