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    Bond Value and Semi-Annual Coupon

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    What is the percentage of face value for a $1000 bond that is a 6% semi-annual coupon bond with 10 years remaining before maturity and a zero coupon bond with 10 years remaining until maturity if the market yield is 8%.

    Please show me the steps to solve this.

    Thank you.

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    Solution Preview

    bond value
    What is the percentage of face value for a $1000 bond that is a 6% semi-annual coupon bond with 10 years remaining before maturity and a zero coupon bond with 10 years remaining until maturity if the market yield is 8%.
    I think for this problem you would like to find the price of the bond.
    We need to calculate how ...

    Solution Summary

    This solution is comprised of a detailed explanation to find the price of the bond. Bond values and semi-annual coupons are examined.

    $2.19

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