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  3. a 3. a bond has face value $15,000, maturity in 10

a 3. A bond has face value $15,000, maturity in 10 years, coupon rate ja...

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Accounting

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a 3. A bond has face value $15,000, maturity in 10 years, coupon rate ja = 5%. After 2 years and 8 months, it is sold to a bank, who wish to receive a yield of 6%. Calculate (a) 2 points The book value. (b) 2 points The market value

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