A 40-year bond is purchased at a discount. The bond pays annual coupons. The amount for accumulation of discount in the 15th coupon is 194.82. The amount for accumulation of discount in the 20th coupon is 306.69. Calculate the amount of discount in the purchase price of this bond. A 13635

A 40-year bond is purchased at a discount. The bond pays annual coupons. The amount for accumulation of discount in the 15th coupon is 194.82. The amount for accumulation of discount in the 20th coupon is 306.69. Calculate the amount of discount in the purchase price of this bond. A 13635

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Chapter12: Investing In Stocks And Bonds

Section: Chapter Questions

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A 40-year bond is purchased at a discount. The bond pays annual coupons. The amount for accumulation of discount in the 15th coupon is
194.82. The amount for accumulation of discount in the 20th coupon is 306.69.
Calculate the amount of discount in the purchase price of this bond.
A
B
с
D
13635
13834
16098
19301
21135

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