Question: Example 6 . 3 . 4 A $ 5 0 0 0 bond is redeemable at 9 8 in 1 0 years. It pays semi

Example 6.3.4
A $5000 bond is redeemable at 98 in 10 years. It pays semi-annual
coupons. It is bought to yield j2=8%. The write up at the time of
the 3 rd coupon is -$10.37. What is the price of the bond?
Example 6.3.4 A $5000 bond is redeemable at 98 in 10

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