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A $ 2 5 0 0 0 , 6 % bond redeemable at par is purchased 1 1 years before maturity to yield 6 .
A $ bond redeemable at par is purchased years before maturity to yield compounded semiannually. If the bond interest is payable semiannually, what is the purchase price of the bond?
a
$
b
$
c
$
d
$
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