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A 10% bond with semi-annual coupons and face 12,000 matures 4 years after issue. What is the amount of principal repaid in the 4th coupon,
A 10% bond with semi-annual coupons and face 12,000 matures 4 years after issue. What is the amount of principal repaid in the 4th coupon, if the nominal annual yield rate is 6%, compounded semi-annually?
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