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A $8300, 7.8% bond with semi-annual coupons redeemable at par in 11 years was purchased at 97.5. What is the average book value? What is

A $8300, 7.8% bond with semi-annual coupons redeemable at par in 11 years was purchased at 97.5.

What is the average book value?

What is the average income per interest payment interval?

What is the approximate yield rate?

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