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43) A 4.5% annuity bond of $500000 with interest payable quarterly is to be redeemable at par in seven years. a) What is the purchase

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43) A 4.5% annuity bond of $500000 with interest payable quarterly is to be redeemable at par in seven years. a) What is the purchase price to yield 6% compounded quarterly? b) What is the book value after 6 years? c) What is the gain or loss if the bond is sold six years after the date of purchase at

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