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(1 point) A 11-year bond with a face value of $2000 earns interest at j2 = 8.9%. Suppose that the yield rate is 12 7.5%,

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(1 point) A 11-year bond with a face value of $2000 earns interest at j2 = 8.9%. Suppose that the yield rate is 12 7.5%, and that the book value immediately after the 13th coupon payment is $2184.27. What is the redemption value? Answer: S

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