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A 12-year bond is bought at a discount of $1073.10 in order to yield J2 = 5%. The book value at the end of 5
A 12-year bond is bought at a discount of $1073.10 in order to yield J2 = 5%. The book value at the end of 5 years is $19,698.55. What is the semi- annual coupon, Fr?
Answer=450
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