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A 20 year bond with face amount 1,000 is bought to yield 6% compounded semiannually. The redemption amount is equal to the face amount. Find
A 20 year bond with face amount 1,000 is bought to yield 6% compounded semiannually. The redemption amount is equal to the face amount. Find the coupon rate and price of the bond if: a. The first entry in the amortization schedule for the amortization of premium is 20. b. The final entry in the amortization schedule for the accumulation of discount is 10. C. The final entry in the schedule for interest due is 32. A 20 year bond with face amount 1,000 is bought to yield 6% compounded semiannually. The redemption amount is equal to the face amount. Find the coupon rate and price of the bond if: a. The first entry in the amortization schedule for the amortization of premium is 20. b. The final entry in the amortization schedule for the accumulation of discount is 10. C. The final entry in the schedule for interest due is 32
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