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Posted on Jul 30, 2024

A bond bearing a coupon rate of 3 . 1 7 % is redeemed on June 2 0 , 2 0 2 1 for $

A bond bearing a coupon rate of

3.17 %

is redeemed on June

20, 2021

for $

5000 .

It was purchased four years ago with a yield rate of

3.10 %

compounded daily.

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