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A $10,000 bond with a 7% coupon rate is redeemable on September 1, 2024. What was its purchase price on October 18, 2013 when

A $10,000 bond with a 7% coupon rate is redeemable on September 1, 2024. What was its purchase price on October 18, 2013 when the yield rate was 9% compounded semi-annually? 0 Purchase Date: Redemption Date: Paragraph BIU. ...

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