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2. A 600-par value 5-year 10% bond with semiannual coupons is purchased for 570.60. The present value of the redemption value is 272.05. Calculate the

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2. A 600-par value 5-year 10% bond with semiannual coupons is purchased for 570.60. The present value of the redemption value is 272.05. Calculate the redemption value

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