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  3. 7. a 3-year bond pays level semi-annual coupons an

7. A 3-year bond pays level semi-annual coupons and bought to yield j2 = 15%....

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7. A 3-year bond pays level semi-annual coupons and bought to yield j2 = 15%. The interest portion of the first coupon is $57.40. The amount of the write-up in the book value of the bond at the time of the last coupon payment is $46.51. What is the coupon paid each period

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