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3. A company issues a $20,000 bond at a coupon rate of 7.5%payable semi-annually. Juan purchased this bond ten years beforematurity when the yield rate

3. A company issues a $20,000 bond at a coupon rate of 7.5%payable semi-annually. Juan purchased this bond ten years beforematurity when the yield rate was 7% compounded semi-annually andsold it tw 2 answers

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