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Question 8 (1 point) A $1000 par, 20-year bond pays semiannual coupons at an annual rate of 10%. The bond has a semiannual effective yield

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Question 8 (1 point) A $1000 par, 20-year bond pays semiannual coupons at an annual rate of 10%. The bond has a semiannual effective yield rate of 3%. Calculate the coupon payment number for which the premium amortized in the constant yield method surpasses the premium amortized in the straight-line method. a) 22 b) 23 c) 26 d) 24 e) 25

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