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(Solved): What tenure circular file bond with face value of $1000 pays interest once a year of $55 and sells f ...



What tenure circular file bond with face value of $1000 pays interest once a year of $55 and sells for $984. A. What are its coupon rate and yield to maturity? B. If circular wants to issue a new 10 year bond to face value, what coupon rate must the bond offer?



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