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(1 point) A 11-year bond with a face value of $1000 is redeemable at twice par and pays coupons semi-annually at C2 = 10.3 %.

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(1 point) A 11-year bond with a face value of $1000 is redeemable at twice par and pays coupons semi-annually at C2 = 10.3 %. If the yield rate is y2 = 6.9 %, find the book value of the bond immediately after the payment of the 11th coupon. Answer: $

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