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A 1000 par value 10 year bond has semiannual coupons payments at10% per year convertible semiannually. The bond is purchased to yield8% annually. Determine the

A 1000 par value 10 year bond has semiannual coupons payments at10% per year convertible semiannually. The bond is purchased to yield8% annually. Determine the book value at the end of three years afterthe coupon payment

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