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MIT 6-4 2 A $20,000 bond has annual coupons and is redeemable at the end of 14 years for $22,600. It has a base amount

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MIT 6-4 2 A $20,000 bond has annual coupons and is redeemable at the end of 14 years for $22,600. It has a base amount equal to $18500 when purchased to yield 6%. Find its base amount if it were to be purchased to yield 7%

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