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Consider a 25 year bond with a 5.6% coupon, trading with a yield to maturity of i(2) = 13.1% . The values in the first
Consider a 25 year bond with a 5.6% coupon, trading with a yield to maturity of i(2) = 13.1% . The values in the first row of the bond amortization schedule are: (Assume a $10,000 face value) (a) Amortization Table: Opening Balance Interest 7 Coupon Closing Balance Premium/Discount Remaining (b) How much premium or discount was amortized over the first coupon period
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