A treasury bond with a face value of 5000 and a coupon rate
A Treasury bond with a face value of $5,000 and a coupon rate of 6% payable semiannually was bought when the markets nominal rate was 8%. The bond matures 20 years from now. What was paid for the bond?
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a treasury bond with a face value of 5000 and a coupon rate of 6 payable semiannually was bought when the markets
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