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A 9-year bond with a face value of 5000 dollars is redeemable at par and earns interest at 9.2 percent convertible semiannually. If the yield
A 9-year bond with a face value of 5000 dollars is redeemable at par and earns interest at 9.2 percent convertible semiannually. If the yield rate is 7.2 percent convertible semiannually, how large is each coupon ?
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