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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 20 times Your overall recorded score is 0% You have unlimited attempts remaining

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