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A ten year bond matures for GHc 2,000 and has annual coupons. The first coupon is GHc 100 and each increases by 10%. The bond

A ten year bond matures for GHc 2,000 and has annual coupons. The first coupon is GHc 100 and each increases by 10%. The bond is priced to yield j1=9%. Calculate the price of this bond and draw up the bond schedule.

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