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QUESTION
Calculate the price 6.3% coupon bond with 21 left maturity and market interest rate 7.5 % Assume interest payment are semiannual. Is this a discount
Calculate the price 6.3% coupon bond with 21 left maturity and market interest rate 7.5 % Assume interest payment are semiannual. Is this a discount or a premium bond ? Why or why not ? ...
