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PLEASE ANSWER AS QUICK AS POSSIBLE A 15-year bond with semiannual coupons has a redemption value of 1000 . It is purchased at a premium
PLEASE ANSWER AS QUICK AS POSSIBLE A 15-year bond with semiannual coupons has a redemption value of 1000 . It is purchased at a premium to yield 6% compounded semiannually. The amount for amortization of premium in the 5 th coupon payment is 2.32. Find the amount of the level coupon payment. A ten-year 8% bond with semiannual coupons is purchased to yield 6% compounded semiannually. The par value and redemption value are both 1,000 . What is the book value of the bond eight years after issue of the bond? (Hint: find the price of the bond using TVM function, then use AMORT function from your calculator)
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