KFA has issued a 100-year coupon bond with par of $1,000, and a 6.50% annual coupon...

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Finance

KFA has issued a 100-year coupon bond with par of $1,000, and a6.50% annual coupon paid semi-annually. Calculate its price foreach of the following three YTM scenarios: 4.0%, 6.0%, and8.0%.

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Face Value 1000 Annual Coupon Rate 650 Semiannual Coupon Rate 325 Semiannual Coupon 325 1000 Semiannual Coupon 3250 Time to Maturity 100 years Semiannual    See Answer
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