A $2000 bond is redeemable at 105 in 6 years.It pays semi-annual coupons at j₂ = 10% and is bought to also yield j₂ = 10%.This bond sells at

Name: A $2000 bond is redeemable at 105 in 6 years.It pays semi-annual coupons at j 2 = 10% and is bought to also yield j 2 = 10%.This bond sells at
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The Answer of A $2000 bond is redeemable at 105 in 6 years.It pays semi-annual coupons at j₂ = 10% and is bought to also yield j₂ = 10%.This bond sells at

A $2000 Bond Is Redeemable at 105 in 6 Years