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5.- A serial bond of $ 15,000 at 5%, with semester coupons, will be redeemed in 3 payments of $ 5,000 each at the end
5.- A serial bond of $ 15,000 at 5%, with semester coupons, will be redeemed in 3 payments of $ 5,000 each at the end of 10, 15, and 20 years. Find the price that allows an IRR of 6%, convertible semi-annually.
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