Question: Bonus Example A 12-year bond is redeemable for $20,300. It is bought to yield ja =5%, and pays semi-annual coupons. The book value after 23

Bonus Example A 12-year bond is redeemable for $20,300. It is

Bonus Example A 12-year bond is redeemable for $20,300. It is bought to yield ja =5%, and pays semi-annual coupons. The book value after 23 Coupons is $20, 341.46. What is the price of the bond? Try this one on OR your own (answer: 21,060.20 21,060.11 10) Bonus Example A 12-year bond is redeemable for $20,300. It is bought to yield ja =5%, and pays semi-annual coupons. The book value after 23 Coupons is $20, 341.46. What is the price of the bond? Try this one on OR your own (answer: 21,060.20 21,060.11 10)

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