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a 30 year bond with $ 5000 face value is purchased with semiannual nominal bond rate of 6% and semiannual nominal yield rate of 4%.
a 30 year bond with $ 5000 face value is purchased with semiannual nominal bond rate of 6% and semiannual nominal yield rate of 4%. you sell the bond immediately after the receiving the 15th semiannual coupon. find the sale price if your actual semiannual nominal yield rate is 7%.
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