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There is a bond on a company's books with an original term of 10 years that was purchased for a premium at its issuance, just

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There is a bond on a company's books with an original term of 10 years that was purchased for a premium at its issuance, just over 2 years ago. The bond pays semi-annual interest.

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PrDblem #3: There is a bond on a companjfs books with an original term of 10 years that was purchased for a premium at its issuance, just over 2 years ago. The bond pays semi-annual interest. With the receipt of the latest coupon. the corresponding amount for amortization of the premium was $13?.33. Exactly one year ago, the amount for amortization ofthe premium was $125.52. Based on the relation between subsequent amounts for amortization of the principal: what was the original value of the premium? Problem #3: I Answer correct to 2 decimals. Just Save Submit Problem #3 For Gliding

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