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5. A 20 year 5,000 bond that pays 4% annual coupons mature at par. It is purchased to yield 5% annual for the first 12

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5. A 20 year 5,000 bond that pays 4% annual coupons mature at par. It is purchased to yield 5% annual for the first 12 years and 6% annual thereafter. Calculate the amount for accumulation of discount for the 8th coupon

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