Question: Please explain eaxh stwp. A $2,000 bond that has a coupon rate of 5.70% payable semi-annually and maturity of 6 years was purchased when the

Please explain eaxh stwp.

A $2,000 bond that has a coupon rate of 5.70% payable semi-annually and maturity of 6 years was purchased when the yield was 4.30% compounded semi-annually. What was the book value of the bond after 9 payments

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