Question: Consider a n-period general bond where the redemption amount, C may not be the same as the face amount, F. Derive an expression to compute

 Consider a n-period general bond where the redemption amount, C may

Consider a n-period general bond where the redemption amount, C may not be the same as the face amount, F. Derive an expression to compute the effective interest earned during year t, where t=1, 2, ..., n. Use i and g to represent the yield rate and modified coupon rate, respectively

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