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What is the value of the bond on april

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Reference no: EM133160158

Question - Use the information below to calculate the value of the bond. Semi-annual paying 5.5% annual rate 10-year bond issued on March 31, 2019. What is the value of the bond on April 1, 2022, assuming investors need 175 points above comparable maturity treasuries as a market return. Calculate duration of the bond using the Macaulay method.

Reference no: EM133160158

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