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A $1000 bond providing annual coupons ath-996 is redeemable at par on November 1, 2000, The write- down in the first year was $5.63. The

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A $1000 bond providing annual coupons ath-996 is redeemable at par on November 1, 2000, The write- down in the first year was $5.63. The write-down in the eleventh year was $19.08. Determine the book value of the bond on November 1, 1996 Answer: $881.53 A $1000 bond providing annual coupons ath-996 is redeemable at par on November 1, 2000, The write- down in the first year was $5.63. The write-down in the eleventh year was $19.08. Determine the book value of the bond on November 1, 1996 Answer: $881.53

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