Calculate showing your work the price of the following
Calculate (showing your work) the price of the following 2-year bonds when the yields on similar assets are 4 percent and the bonds have $100 face values and annual coupons of:
(a) 3 percent;
(b) 4 percent;
(c) 5 percent.
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calculate showing your work the price of the following 2-year bonds when the yields on similar assets are 4 percent and
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