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the first 6 years in the bond amortization schedule. A. $28.76 B. $34.52 C. $21.57 D. $23.97 E. $16.44 Problem 7. (10 points) A 14-year

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the first 6 years in the bond amortization schedule. A. $28.76 B. $34.52 C. $21.57 D. $23.97 E. $16.44

Problem 7. (10 points) A 14-year bond with semiannual coupons is bought at a discount to yield 6% convertible semiannually. If the amount for accumulation of discount in the 24th coupon is $4, find the total amount for accumulation of discount during the first 6 years in the bond amortization schedule. A. $28.76 o B. $34.52 o c. $21.57 o D. $23.97 o E. $16.44 o

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