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A bond with a face value of $5000 is redeemable at 103,7 years from now. If the bond pays coupons at 6% compounded quarterly and

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A bond with a face value of $5000 is redeemable at 103,7 years from now. If the bond pays coupons at 6% compounded quarterly and has a yield rate of 7.5% compounded quarterly. a) How large is each coupon payment? Answer: $ b) What is the redemption value of the bond? Answer: $

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