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8. (6%) A 30-year 100,000 5% bond pays semiannual coupons and redeems for 110,000. The annual yield rate is 8%. Calculate the interest portion of
8. (6%) A 30-year 100,000 5% bond pays semiannual coupons and redeems for 110,000. The annual yield rate is 8%. Calculate the interest portion of the 20th coupon
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