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Could someone help? 1. You are given the following incomplete bond amortization schedule for a $1,000 par value 10-year bond with semiannual coupons, purchased at
Could someone help?
1. You are given the following incomplete bond amortization schedule for a $1,000 par value 10-year bond with semiannual coupons, purchased at $864.9. The bond is not redeemable at par. Half Coupon Effective interest earned Amortized amount of premium Book value year payment 10.068 12 13 -10.827 (a) Find the yield to maturity of the bond. (b) Find the redemption value of the bond. 1. You are given the following incomplete bond amortization schedule for a $1,000 par value 10-year bond with semiannual coupons, purchased at $864.9. The bond is not redeemable at par. Half Coupon Effective interest earned Amortized amount of premium Book value year payment 10.068 12 13 -10.827 (a) Find the yield to maturity of the bond. (b) Find the redemption value of the bondStep by Step Solution
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