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13. A $10000, 6% bond with semi-annual interest coupons redeemable at par in 11 years is bought to yield 5% compounded semi-annually. Determine: (i) the
13. A $10000, 6% bond with semi-annual interest coupons redeemable at par in 11 years is bought to yield 5% compounded semi-annually. Determine:
(i) the premium or discount
(ii) the purchase price
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
