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Lucia Gabrielli purchased an n - year par - value $ 2 , 0 0 0 bond that had a coupon rate of 9 %
Lucia Gabrielli purchased an nyear parvalue $ bond that had a coupon rate of convertible quarterly; here n is an integer. Her sister Elana purchased a parvalue bond with an identical coupon rate but having a term of n years. The coupons that Lucia and Elana received for the n years they both held their bonds were identical, and the yield rate used to determine the prices of each of the bonds was a nominal rate of convertible quarterly. Elana paid $ more than Lucia. Calculate the number of coupons in Lucias bond; use the premiumdiscount equation. SHOW WORK, do not use excel sheets, use financial math.
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