Consider a coupon loan with maturity of 50 years, a face value of $100 and that guarantees a monthly coupon payment of 5

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answerhappygod
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Consider a coupon loan with maturity of 50 years, a face value of $100 and that guarantees a monthly coupon payment of 5

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Consider a coupon loan with maturity of 50 years, a face value
of $100 and that guarantees
a monthly coupon payment of 5% of the face value.
1) coupon loan price when the nominal interest rate is
either 1% or 5% ?
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