Question: please calculate this using formula step hy step dont use exel or calculator A 10,000 par value 10 -year bond with 8% annual coupons is

please calculate this using formula step hy step dont use exel or calculator

A 10,000 par value 10 -year bond with 8% annual coupons is bought at a premium to yield an annual effective rate of 6%. Calculate the interest portion of the 7th coupon

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