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QUESTION
Five-Year bond with FV of 1,000 Cupon Rate of 7% semiannual payments YTM of 5% APR This bond allows the issuer to not make cupon payments for the
Five-Year bond with FV of 1,000 Cupon Rate of 7%semiannual payments YTM of 5% APRThis bond allows the issuer to not make cupon payments for the first year. Whats ia the price?
