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A 1 6 - year bond with semiannual coupons is bought at a discount to yield 9 % convertible semiannually. If the amount for accumulation

16 -

year bond with semiannual coupons is bought at a discount to yield

9 %

convertible semiannually. If the amount for accumulation of discount in the

31

th coupon is $

5,

find the total amount for accumulation of discount during the first

6

years in the bond amortization schedule.

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