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Instruction: Fill in the blanks. Do not use thousand separator. Use 2 decimal places only (l.e. 1000.00 instead of 1,000) A $5000 bond pays interest

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Instruction: Fill in the blanks. Do not use thousand separator. Use 2 decimal places only (l.e. 1000.00 instead of 1,000) A $5000 bond pays interest at 6% quarterly and is redeemable at par at the end of 5 years. Determine the payment and the purchase price to yield a holder, if the bond pays 10% compounded annually. PMT Purchase Price Instruction: Fill in the blanks. Do not use thousand seperator, use 2 decimal places only. A $15000 bond maturing at 110 on December 1, 2040, has semi-annual coupons at 6%. Determine the payment, future value and purchase price on February 1, 2015 to guarantee a yield of j2=6.75%. PMT FV Purchase Price

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