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Problem 1: A 7% Commonwealth government bond has three years to maturity. Given that the bond pays coupons semi-annually (i.e. twice a year) and a coupon payment has just been made, what is the present value of the bond if the yield to maturity is 9% and the face value of the bond is $100 000?
A. $88 693.18
B. $95 610.02
C. $101 522.78
D. $105 875.28
according to martin and steele 2010 p.13 the two principal professional associations in australia - cpa australia the
ACC1175 Financial Accounting II Assignment Help and Solution, Lethbridge College - Assessment Writing Service - Was South Dakaota Corporation wise
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