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Suppose a 3 year 5% coupon bond has a face value of $1000 and a yield of 6%. The coupon payments are annually and the yield is stated in terms of...

Suppose a 3 year 5% coupon bond has a face value of $1000 and a yield of 6%. The coupon payments are annually and the yield is stated in terms of continuously compounding/discounting.

I) help determine the price of the bond 

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CASHFLOWS FOR EACH CORRESPONDING YEAR : Year 1 = $50 Year 2 = $50 Year 3 = $1050 PV of... View the full answer

1 comment
  • i hope it helps
    • masangateivin3961
    • Aug 13, 2018 at 4:25am

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