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A 10-Year Bond Was Issued Four Years Ago

Question 5

Multiple Choice

a 10-year bond was issued four years ago. The bond is denominated in uS dollars, offers a coupon rate of 10% with interest paid semi-annually, and is currently priced at 102% of
Par) The bond's:


A) tenor is six years.
B) nominal rate is 5%.
C) redemption value is 102% of the par value.

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