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A coupon bond is purchased for 2499.01 with the maturity period of 13 years. The semi-annual coupon payment is $113.0802025. If the desired rate of
A coupon bond is purchased for 2499.01 with the maturity period of 13 years. The semi-annual coupon payment is $113.0802025. If the desired rate of return (yield rate) is j2=9.05% p.a., then the face value of the bond is
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