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A $ 5 0 0 0 0 0 bond pays interest at j 1 2 = 1 0 % redeemable at 1 0 4 in
A $ bond pays interest at j redeemable at in years. John buys the bond to yield j and strips the coupons to sell the remaining strip bond to Steven, who yields What is John's total profit achieved by this investment?
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