Find the price aid by an investor wishing a minimum yield

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A 10% bond with semi-annual coupons and with face and redemption amount 1000000 is issued with the condition that the redemption can take place on any coupon dates between 12 and 15 years from the issue date. Find the price aid by an investor wishing a minimum yield of (i) i^(2) =.12 and (ii) i^(2) = .08

Reference no: EM132950483

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