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A 20 year bond with semi-annual coupons at j2 = 7% is bought at a premium to yield j2 = 6%. If the book value
A 20 year bond with semi-annual coupons at j2 = 7% is bought at a premium to yield j2 = 6%. If the book value adjustment portion of the coupon paid at the end of 2 years is $30, what is the book value adjustment portion of the coupon paid at the end of 8 years? A $45.33 OB. $44.06 O C. $35.82 O D. $42.77
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