Question: A 1 , 5 0 0 7 % bond with semiannual coupons is redeemable for 1 , 7 0 0 in fifteen years. The bond

A 1,5007% bond with semiannual coupons is redeemable for 1,700 in fifteen years. The bond is purchased to yield 9% per year compounded semiannually. Find
(a) The price of the bond [1309.07]
(b) The amount of interest in the 10th coupon [62.02]
(c) The accumulation of discount in the 10th coupon [9.52]
CORRECT ANSWERS ARE GIVEN IN PARENTHISS. No excell, only financial caclulators .
 A 1,5007% bond with semiannual coupons is redeemable for 1,700 in

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