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A 5000 par value 15 -year bond, redeemable at par, with 6% annual coupons is bought at a premium to yield an annual effective rate

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A 5000 par value 15 -year bond, redeemable at par, with 6% annual coupons is bought at a premium to yield an annual effective rate of 4%. Calculate the interest portion of the 11th coupon. (a) 189 (b) 200 (c) 209 (d) 218 (e) 225

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