How much would you pay for a semi-annual 5 coupon bond with


1. How much would you pay for a semi-annual 5% coupon bond with 25 years left until maturity that yields 3.50%?

2. If you purchased a semi-annual 8% coupon bond for $1185.90, that yields 6%, how many years are left before this bond matures?

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Business Economics: How much would you pay for a semi-annual 5 coupon bond with
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