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Corporation issues a $1000.00 bond. The bond is priced at $1,052.42. It matures in 3 years. The bond pays a 10% coupon and it yields
Corporation issues a $1000.00 bond. The bond is priced at $1,052.42. It matures in 3 years. The bond pays a 10% coupon and it yields 8% compounded semianually. Preparea bond premium amortization schedule for the bond.
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