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What is the price of the bond

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Question - If consider a 10 year bond with a face value of $1,000, a coupon rate of 10 percent with semi-annual coupon payments, and a yield of 12 percent p.a. (compounded twice per year). (Hint: don't forget to use the correct number of periods, the correct discount rate and the correct amount for the semi-annual coupon payments). What is the price of the bond?

Reference no: EM132929352

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