Bond valuation exerciseAssume you are interested in buying a 5-year bond with a 10% semiannual coupon. If you require a

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Bond valuation exerciseAssume you are interested in buying a 5-year bond with a 10% semiannual coupon. If you require a

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Bond valuation exerciseAssume you are interested in buying a 5-year bond with a 10% semiannual coupon. If you require a Yield-to-Maturity of 12%. The price you are willing to pay is?
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