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What is its price

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Q1. A bond that matures in 15 years and has a par value of Php15,000 and annual coupon payment of 165; its market interest rate is 4%. What is its price?

Q2. A bond that matures in 12 years has a par value of P25,000 and a semi-annual coupon rate of Php100; its market interest rate is 11%. What is its price?

Q3. A bond that matures in 10 years and has a par value of Php13500 and annual coupon of 2%; its market interest rate is 5%. What is its price?

Reference no: EM133186324

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