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$ 2 0 0 0 , twenty - year 6 % bond was issued on August 1 5 , 2 0 2 1 . The
$ twentyyear bond was issued on August The bond pays semiannual coupons. It was sold on November to yield the purchaser per year compounded semiannually until maturity. At what price did the bond sell what is the quoted price marks Hint: Compute the purchase price, accrued interest and the cash price first.
$ twentyyear bond was issued on August The bond pays semiannual coupons. It was sold on November to yield the purchaser per year compounded semiannually until maturity. At what price did the bond sell what is the quoted price marks Hint: Compute the purchase price, accrued interest and the cash price first.
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