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A $5000 10-year accumulation bond, redeemable at par, has semiannual coupons atj2 = 7%. After two years, the bond is sold to an investor who
A $5000 10-year accumulation bond, redeemable at par, has semiannual coupons atj2 = 7%. After two years, the bond is sold to an investor who wishes to yield j2 = 8%. What price does the bond sell for? O A. $4628.95 B. $4708.69 $5451.82 D. $5311.82
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