A 15000 bond has semi-annual coupons and matures at par in
A $15,000 bond has semi-annual coupons and matures at par in 15 years. It is bought at a discount to yield j2 = 11%. The adjustment for book value at the end of 10 years is $41.62. Determine the purchase price.
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a 15000 bond has semi-annual coupons and matures at par in 15 years it is bought at a discount to yield j2 11 the
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