Question: please solve it correctly. Thanks Suppose that a 20-year bond pays $4 coupon once a year, and its yield rate is 6%. The bond has

please solve it correctly. Thanks please solve it correctly. Thanks Suppose that a 20-year bond pays $4

Suppose that a 20-year bond pays $4 coupon once a year, and its yield rate is 6%. The bond has write-down of $0.49 for the first year. Calculate the write-down amount for the third year, Round the answer to the nearest hundredth dollar

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