Suppose the investor's rate is in the 50,000, 7.5% bond with coupons paid semi-annually. The...
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Suppose the investor's rate is in the 50,000, 7.5% bond with coupons paid semi-annually. The bond is redeemable on July 1, 2006 and is now bought on July 1. 1999. Find the price Of the bond if (a) the bond is redeemable at par; (b) the bond is redeemable at 110%. (c) the discount if possible.
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