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A $1000 bond, redeemable at par on December 1, 1998, with 8% coupons paid semiannually. The bond is bought on June 1, 1996 to yield
A $1000 bond, redeemable at par on December 1, 1998, with 8% coupons paid semiannually. The bond is bought on June 1, 1996 to yield 9% compounded semiannually. The purchase price is $978.05, what is the amount of discount? O $40.00 O $180.60 O $21.95 O $35.58
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