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4. A 15 year bond with face amount $10,000 is bought to yield 4% compounded semianmually. The redemption amount is equal to the face amount.

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4. A 15 year bond with face amount $10,000 is bought to yield 4% compounded semianmually. The redemption amount is equal to the face amount. Find the coupon rate and price of the bond if the following is true. These are 2 separate bonds and 2 separate answers. (a) The first entry in the amortization schedule for the amortization of premium (the principal) is $88.33. (b) The final entry in the amortization schedule (not including the redemption amount) for the accumulation of discount (the principal) is -39.216

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