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A $2800,5.6% bond with semi-annual coupons redeemable at par in 5 years was purchased at 97.5. What is the average book value? a. $2765.00 b.

A $2800,5.6% bond with semi-annual coupons redeemable at par in 5 years was purchased at 97.5. What is the average book value? a. $2765.00 b. $2730.00 c. $2800.00 d. $1414.35

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