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A $2000 bond, redeemable at 102 and paying coupons at j2 = 6.5% is purchased for $2072.40, which gives a yield rate of j2 =
A $2000 bond, redeemable at 102 and paying coupons at j2 = 6.5% is purchased for $2072.40, which gives a yield rate of j2 = 6%. Construct the first five rows of the bond schedule.
TIME COUPON INTEREST ON BOOK VALUE BOOK VALUE ADJUSTMENT BOOK VALUE
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