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DO NOT round answer/steps (1 point) A 10-year bond with a face value of $2000 is redeemable at par and earns interest at j2 =9.8%.
DO NOT round answer/steps
(1 point) A 10-year bond with a face value of $2000 is redeemable at par and earns interest at j2 =9.8%. If the yield rate is j2 = 7.9%, find the "dirty price of the bond 5 months after the payment of the 9th coupon. Use compound interest for points in time between coupon payments. Answer: $Step by Step Solution
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
