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Home / Questions / Jim purchases a 10-year bond for 825. The bond pays semi-annual coupons of size 25, with t...

Jim purchases a 10-year bond for 825. The bond pays semi-annual coupons of size 25, with the first coupon being paid 6-months after the bond was purchased. The bond redeems at par value 1000. Find

Jim purchases a 10-year bond for 825. The bond pays semi-annual coupons of size 25, with the first coupon being paid 6-months after the bond was purchased. The bond redeems at par value 1000.

Find the book-value of the bond immediately after the 8th coupon has been paid.

Aug 15 2021 View more View Less

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