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The MKS corporation issues a $1000 bond with coupons at j2 = 8%and redeemable at par on 1

The MKS corporation issues a $1000 bond with coupons at j2 = 8%and redeemable at par on 1

The MKS corporation issues a $1000 bond with coupons at j2 = 8%and redeemable at par on 1 August 2027. a. How much should be paidfor this bond on 1 February 2012 to yield j2 = 5% b. If thepurchase price was $1050 and the bond is held to maturity determinethe overall yield, j2. (show all steps of working clearly )

Abhinav 01-Dec-2019

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