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You buy a 15 year bond at par with Face value equal to its redemption value of $1000.If the bond pays annual coupon of 7%

You buy a 15 year bond at par with Face value equal to its redemption value of $1000.If the bond pays annual coupon of 7%

a) What is the book value at the end of the 7th year? b) What percentage of the coupon is the interest portion in the 11th year?

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