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A $5000 bond maturing at 103 on 10/1/2008 had semiannual coupons at 6%. Find the purchase price on 4/1/2001 to yield 6.2% compounded semiannually. Assume
A $5000 bond maturing at 103 on 10/1/2008 had semiannual coupons at 6%.
Find the purchase price on 4/1/2001 to yield 6.2% compounded semiannually.
Assume that the above bond was sold on 6/22/2005. At what price must it have
been sold to yield the buyer the same 6.2%?
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