What is the price of the bond

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Problem:

The following is a recent quote for ETH semi-annual coupon bonds. For simplicity, please assume the bond matures on today's date in its maturity year.

Bond Coupon Maturity Last Price

CTH 6.60 October, 2040 125

(a) What is the price of the bond?

(b) What is the yield to maturity?

(c) What is the current yield?

Reference no: EM133275832

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