$20,000 bond has annual coupons and is redeemable at the end of fourteen years for $21,900. It has a base amount equal...

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$20,000 bond has annual coupons and is redeemable at the end of fourteen years for $21,900. It has a base amount equal to $18

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Answer 1

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tascoen Giren thard Annal coupms awouxt =f 20,000 eud of yeas aapt18,480 The base The Rochosed freld =2 14Jeans n=19. v-. AP At 5 YTM Lel be base ce () + ( 21900 59.51t 14 21900t 2 21900-X «( 21900+)- 159.51+ 14 2 20 544.5+00251 = 159.51 +1564.28-007

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Answer 2

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Add Answer to: $20,000 bond has annual coupons and is redeemable at the end of fourteen years for $21,900. It has a base amount equal...

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$20,000 bond has annual coupons and is redeemable at the end of fourteen years for $21,900. It has a base amount equal...