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Lesson 7-R: Problem 8 Previous Problem List Next (1 point) Benjamin purchases an n-year bond with a par value of $1000 and annual coupons of

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Lesson 7-R: Problem 8 Previous Problem List Next (1 point) Benjamin purchases an n-year bond with a par value of $1000 and annual coupons of $53. At a price of $912.47 Benjamin's yield rate is 6%, convertible semiannually The term of the bond is n = Preview My Answers Submit Answers You have attempted this problem 17 times. Your overall recorded score is 0% You have unlimited attempts remaining Email instructor

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