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A 9-year bond with a face value of $5000 is redeemable at par and earns interest at j 2 = 9.1%. If the yield rate
A 9-year bond with a face value of $5000 is redeemable at par and earns interest at j 2 = 9.1%. If the yield rate is j 2 = 7.4%, find the book value 2 months before the payment of the 9th coupon. ...
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