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a six-year $1800 8.5% bond with semiannual coupons is bought for $1918 and is redeemable for 1860. find the amount of amortization of premium at
a six-year $1800 8.5% bond with semiannual coupons is bought for $1918 and is redeemable for 1860. find the amount of amortization of premium at the end of two and half years and the interest due at the time.
pls show all work and make sure the answer is correct, thank you
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