[Solved] A bond of face amount 460 is purchased at

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A bond of face amount 460 is purchased at a premium of 33 to yield 6%. The amount for amortization of the premium in the

A bond of face amount 460 is purchased at a premium of 33 to yield 6%. The amount for amortization of the premium in the fifth semiannual coupon is 1 . What is the term of the bond, in years? Round your answer to one decimal place

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