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A bond pays coupons in perpetuity on 1st June and 1st December each year. The coupon...

A bond pays coupons in perpetuity on 1st June and 1st December each year. The coupon rate is 3.5% per annum. If you purchase this bond on 20th August 2009, calculate the price per Rs. 100 nominal you get with an effective rate of return of 10% per annum

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