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6. A 10-year bond, redeemable for 800, has quarterly coupons. Its book value immediately after the 10th coupon is redeemed is 1,300; and its book

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6. A 10-year bond, redeemable for 800, has quarterly coupons. Its book value immediately after the 10th coupon is redeemed is 1,300; and its book value immediately after the 25th coupon is redeemed is 1,075. Determine its purchase price. (A) 1,425 (B) 1,450 (C) 1,475 (D) 1,500 (E) 1,525

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