Question: 6 . 2 2 A $ 1 0 0 par value bond maturing in n years with 5 % annual coupons is sold at $
A $ par value bond maturing in n years with annual coupons is sold at $ Another bond with an annual coupon rate of but otherwise the same is sold at $ Both bonds are redeemable at par. Find the writeupwritedown of the book value for the second bond during the fifth year.
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