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A $ 1 , 6 0 0 bond has coupons at a rate 8 % paid semi - annually and matures on July 1 ,
A $ bond has coupons at a rate paid semiannually and matures on July at $ Find the practical clean book value of this bond on August to yield compounded semiannually. From July to January there are days.
The book value on July is $ to the nearest dollar. Find the book value to the nearest cent.
Find the book value on January to the nearest cent.
Find the practical clean book value of August to the nearest cent.
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