Question: show steps and round correctly A $2000 bond with semiannual coupons is re- deemable for $2610 in fifteen years. It has a coupon rate of
show steps and round correctly
A $2000 bond with semiannual coupons is re- deemable for $2610 in fifteen years. It has a coupon rate of 6.5%. The bond is purchased to yield 9.7% per annum compounded semi- annually. Find the amount for accumulation of discount in the tenth coupon. Round your answer to the nearest cent. Answer in units of dollars. Your answer must be within + 0.0% 006 (part 2 of 2) 10.0 points Find the amount of interest in the tenth coupon payment Round your answer to the nearest cent. Answer in units of dollars. Your answer must be within + 0.0%
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