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5. JA 1000 bond with annual coupons is redeemable at par at the end of 10 years. At a purchase price of 870, the yield

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5. JA 1000 bond with annual coupons is redeemable at par at the end of 10 years. At a purchase price of 870, the yield rate is . The coupon rate is i-0.02. Calculate

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