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What price would this investor pay for the bond

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Reference no: EM132806955

Problem 1: A $18000 bond that matures in n-years with quarterly coupons at j4=6.4% redeemable at par, will be sold for $14183.89 to an investor who wishes to yield j4=10% If the coupon rate was changed to j4=9% what price would this investor pay for the bond?

Reference no: EM132806955

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