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please explain by steps, not Excel. thank you Question 13.01 A ten-year bond with a par value of 100 pays semiannual coupons at an annual
please explain by steps, not Excel. thank you 
Question 13.01 A ten-year bond with a par value of 100 pays semiannual coupons at an annual rate of 7%. The bond is priced at 129.24 to yield a nominal annual rate of 4% convertible semiannually. Calculate the redemption value of the bond. A 72.01 B 76.26 C 107.00 D 112.98 E 119.22 Step by Step Solution
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Inefficient Markets An Introduction To Behavioral Finance
Authors: Andrei Shleifer
1st Edition
0198292279, 978-0198292272
