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7-13 Price and yield An 8 percent semi annual coupon bond matures in 5 years. this bond has has a face value of $1,000 and a yield of 8.23 percent.

7-13
Price and yield An 8 percent semi annual coupon bond matures in 5 years. this bond has has a face value of $1,000 and a yield of 8.23 percent. What are the bonds price and YTM?

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Finance-8223844.xls

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