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Calculate the price of a 10 percent coupon (annual coupons, $1,000 face value 20-year bond if...

Calculate the price of a 10 percent coupon (annual coupons, $1,000 face value 20-year bond if the appropriate discount rate is 3 percent. Show your return if you hold this bond for three years and discount rates don’t change.

Calculate the price of a zero coupon, $1,000 face value, 5-year bond if the appropriate annual discount rate is 12 percent. Calculate your total return if you hold this bond for three years and the discount rate does not change.

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