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A bond offers a coupon rate of 6%, paid semiannually, and has a maturity of 17...

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Finance

A bond offers a coupon rate of 6%, paid semiannually, and has amaturity of 17 years. If the current market yield is 3%, whatshould be the price of this bond?

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A bond offers a coupon rate of 6%, paid semiannually, and has amaturity of 17 years. If the current market yield is 3%, whatshould be the price of this bond?

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