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ECONOMICS 320 Money Assignment: Banking and the Macro Economy

Detailed Instructions Download |  a. What is the price of a bond with a 10-year maturity, face value of $1000, 7% coupon rate and 5% yield to maturity? [5 pts] b. How does the price of this bond change if the yield to maturity drops to 3%? [5 pts] c. How does the price of this

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