A 28-year semiannual coupon bond has 3.25% coupons and the market interest rate is 2.3%....
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A 28-year semiannual coupon bond has 3.25% coupons and the market interest rate is 2.3%. Find the price of the bond today and the current yield. 1.195 .32 and 2.719% 1.403 .94 and 2.849% 665.11 and 5.262% 1,173.32 and 3.196%
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