A bond,paying semi-annual coupons of $60,is purchased at a discount to yield j₂ = 13%.The book value adjustment in the 6^th coupon period is -$10.80.What is the interest on the book value for the 11^th coupon,I₁₁?

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The Answer of A bond,paying semi-annual coupons of $60,is purchased at a discount to yield j₂ = 13%.The book value adjustment in the 6^th coupon period is -$10.80.What is the interest on the book value for the 11^th coupon,I₁₁?

A Bond,paying Semi-Annual Coupons of $60,is Purchased at a Discount