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Find n in the calculation forthe price to yield a minimum

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Reference no: EM132742926

A 10%, 10-year face value 1000 bond with semiannual coupons is issued on September mm 2015. The bond can he called 

  • on any.' coupon data in 2023 and 2024 at par. and
  •  on any coupon data for $ 0510 in 2025

Problem 1: Find n in the calculation forthe price to yield a minimum annual nominal rate of 396.

Reference no: EM132742926

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