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A $1000 par bond matures in 25 years. The bond pays annual coupons at the annual coupon rate of 5% and the annual effective yield

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A $1000 par bond matures in 25 years. The bond pays annual coupons at the annual coupon rate of 5% and the annual effective yield rate is 8%. Calculate the interest earned in year 17. O a) 62.18 Ob) 69.57 O c) 65.01 Od) 59.43 O e) 73.55

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