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Question 10 A 10-year 1000 par value bond pays semi-annual coupons at 6% annual rate. The bond is sold on its issue date at a
Question 10 A 10-year 1000 par value bond pays semi-annual coupons at 6% annual rate. The bond is sold on its issue date at a premium of 35. What amount of premium will be amortized with the bond's first coupon payment? (A) 1.30 (B) 1.33 (C) 1.40 (D) 1.43 (E) 1.51
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