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15 Two questions, thank you! Please use a calculator to make sure your answers are correct! Thank you! I'll give it a thumbs up! Assignment
15 Two questions, thank you! Please use a calculator to make sure your answers are correct! Thank you! I'll give it a thumbs up!
Assignment 11: Problem 1 Previous Problem Problem List Next Problem (1 point) A 9-year bond with a face value of $5000 is redeemable at par and earns interest at j2 = 9.7%. If the yield rate is j2 = 6.8%, find the book value 2 months before the payment of the 9th coupon. Use simple interest for points in time between coupon payments. Answer: $ Assignment 11: Problem 5 Previous Problem Problem List Next Problem (1 point) Carlos bought a $1000 bond paying interest at j2 = 6.4%, redeemable at par on September 4, 2037. The bond was bought by Carlos on November 19, 2018, at a quoted price of 168. What did Carlos pay for the bond? Answer: $Step by Step Solution
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