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An n-year bond with annual coupons is purchased for 973.64 to yield 6%. The bond redeems for 1200 at maturity. If the book value immediately

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An n-year bond with annual coupons is purchased for 973.64 to yield 6%. The bond redeems for 1200 at maturity. If the book value immediately after the third coupon is 1011.81, find n. a. 12 b. 13 C. 14 d. 16 e. 15 O

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