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4. A bond offers a coupon rate of 6%, paid annually, and has a maturity of...

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Finance

4. A bond offers a coupon rate of 6%, paid annually, and has amaturity of 11 years. The current market yield is 3%. If marketconditions remain unchanged, what should the price of the bond bein 1 year?

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4. A bond offers a coupon rate of 6%, paid annually, and has amaturity of 11 years. The current market yield is 3%. If marketconditions remain unchanged, what should the price of the bond bein 1 year?

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