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Question One: A 6 year $ 1 3 , 5 0 0 bond paying a coupon rate of 4 . 7 5 % compounded semi
Question One: A year $ bond paying a coupon rate of compounded semiannually was purchased at Calculate the yield at the time of purchase of the bond.
Question Two: A $ bond that has a coupon rate of payable semiannually and maturity of years was purchased when the yield was compounded semiannually. What was the book value of the bond after payments?
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