Question
A bond of face amount 670 is purchased at a premium of 33 to yield 10%. The amount for amortization of the premium in the
A bond of face amount 670 is purchased at a premium of 33 to yield 10%. The amount for amortization of the premium in the fifth semiannual coupon is 1. What is the term of the bond, in years?
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
