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32. A 1,000,000 par value 8% bond with quarterly coupon 1,000,000) had a book value of 1,050,500 one year aft 1,049,888 one and a half

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32. A 1,000,000 par value 8% bond with quarterly coupon 1,000,000) had a book value of 1,050,500 one year aft 1,049,888 one and a half year after purchase. Determine the purchase price, assuming i > 0. A 1,051,658 B ) 1,054,158 1,056,658 1,059,158 1,061,658 32. A 1,000,000 par value 8% bond with quarterly coupons (i.e. each coupon is 2% of 1,000,000) had a book value of 1,050,500 one year after purchase, and a book value of 1,049,888 one and a half year after purchase. Determine the purchase price, assuming />0. 1,051,658 1,054,158 1,056,658 1,059,158 1,061,658

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