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| rev | Admin | (Created page with "'''Solution: C''' Let <math>r</math> be the coupon rate. <math display="block"> \begin{aligned} & 2300=2000 r a_{\overline{20}|0.07}+2000 v^{20} \\ & 2000 r=168.32 \end{aligned} </math> Bond is bought at a premium, so assume called as early as possible at year 18 . <math display="block"> \begin{aligned} & P=168.32 a_{\overline{18}|0.07}+2000 v^{18} \\ & P=2284.85 \end{aligned} </math> {{soacopyright | 2023 }}") | Nov 19'23 at 22:46 | +420 |