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  3. p= price i = interest fr = amount of the coupon

P= price i = interest Fr = amount of the coupon B =...

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Finance

image
P= price
i = interest
Fr = amount of the coupon
B = balance
C = redemption value of a bond
n= number coupon payments from date of calculation to redemption date
5. If P = 1000, i=.06, and Fr = 75: (a) Find B3, B5, and the book value after 14 months and after 19 months. (b) If C = 895.37 find n

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