Accountancy, asked by vardan2701, 1 year ago

A $100 bond with semiannual coupons, redeemable for $105 in 12 years, is purchased to yield 4% compounded semiannually. If the amount for amortization of premium is the first coupon is $.60, what is the book value just after the 8th coupon is due

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Answered by SnehaG

A $100 bond with semiannual coupons, redeemable for $105 in 12 years, is purchased to yield 4% compounded semiannually. If the amount for amortization of premium is the first coupon is $.60,the book value just after the 8th coupon is due to MNCs...investment choice

Answered by Royal213warrior

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