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Posted on Sep 07, 2024

A $ 8 , 5 0 0 , 0 0 0 issue of a 3 0 - year bond, redeemable at par, offers 5 .

A $

8, 500, 000

issue of a

30 -

year bond, redeemable at par, offers

5.50 %

coupons payable quartery. The bond yields

9.00 %

compounded monthly.

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