Question: Please solve using formula, NOT EXCEL. A 1000 face-value 11.5-year bond that pays semiannual coupons has a redemption value equal to its face value. It

Please solve using formula, NOT EXCEL.

Please solve using formula, NOT EXCEL. A 1000 face-value 11.5-year bond that

A 1000 face-value 11.5-year bond that pays semiannual coupons has a redemption value equal to its face value. It is bought to yield a rate of 8% compounded semiannually. Find the nominal coupon rate if the amount for amortization for premium in the 8th coupon is 5.34

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