Consider a bond issued by MGM Inc. exactly two years ago. At that time the bond’s time to maturity was 30 years. The bon

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answerhappygod
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Consider a bond issued by MGM Inc. exactly two years ago. At that time the bond’s time to maturity was 30 years. The bon

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Consider a bond issued by MGM Inc. exactly two years ago. At
that time the bond’s time to maturity was 30 years. The bond pays
semiannual coupons with a coupon rate of 6% per year. The face
value of the bond is $1000.
Please explain
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