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Consider a $ 1 , 0 0 0 par value 5 - year bond with a coupon rate of 7 % paid semiannu - ally

Consider a $

1, 000

par value

5 -

year bond with a coupon rate of

7 %

paid semiannu

-

ally and $

1, 200

redemption value. The yield rate is

5 %

convertible semiannually.

(1)

Find the price of

5 -

year bond

(2)

Construct the amortization table of the bond.

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